AB 527*
Revises provisions relating to state financial administration. (BDR 31-1199)
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Bill overview
This bill modifies how the state budget is prepared by requiring the Chief of the Budget Division to include the total appropriations from various state agencies – including the Judicial, Legislative, Public Employees’ Retirement System, and Tahoe Regional Planning Agency – when calculating the state’s budget reserve. Currently, these agencies submit their budgets for informational purposes, but this change mandates their appropriations be factored into the reserve calculation. This aims to provide a more comprehensive view of state spending during the budget process.
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