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Committee walks through FY26 amendment package: transfers from CFR and unclaimed property, S.127 reversion added, and farm fund insertion

3155681 · April 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Committee staff detailed an amendment package that uses updated transfers and technical fixes to reconcile Senate FY26 figures, including added transfers from the treasurer’s office and unclaimed property and a $1,000,000 reinstated transfer to a farm security fund.

Staff presented a package of amendments and technical corrections designed to reconcile the Senate FY26 numbers. The package relies on revised transfer estimates and statutory adjustments to balance the budget figures the committee is considering.

Committee staff explained they found a small shortfall in the Senate spreadsheet caused by a formula error and that additional funds became available from the treasurer’s office and unclaimed property projections. As staff put it, after reconciling the sheets “the money has fallen into our lap.” The package proposes updating the FY2025–FY2026…

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