Appropriations committee signs off on statutory technical edits and treasury/GASB updates
Lawmakers approved a range of technical and statutory updates, including treasury technical edits to align statute with GASB practices, threshold increases in one section, and other cleanups, while leaving some items for later consideration.
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During the Jan. 31 meeting, the House Appropriations Committee approved a package of technical statutory edits and clarifications, including treasury'proposed technical edits to align statute with current GASB accounting practice, updates to transfer-versus-appropriate language, and an increase to a numeric threshold noted in section 74.
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