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OMB bill draft includes SIF one‑time requests, fund transfers and several statutory sections; committee asks for detail

2165919 · January 28, 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

OMB’s draft appropriation bill includes proposed transfers between special and general funds, one‑time Strategic Investment Fund (SIF) requests, and multiple statutory sections (mileage, carryovers, childcare/higher‑ed transfer). Committee members asked for breakdowns and put question marks on several policy items.

OMB staff walked the Appropriations Committee through statutory language and fund transfers in the agency’s draft bill, highlighting one‑time requests from the Strategic Investment Fund (SIF), proposed switches between general and special funds for facility operations, and other bill sections.

OMB said the one‑time SIF requests it included amount to roughly $58.4 million in total for items such as a $40 million deferred‑maintenance pool, a $10 million placeholder tied to defined‑benefit to defined‑contribution incentive payments, $3.5 million for moving and rent assistance, space…

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