SB23-246
State Emergency Reserve
Concerning transfers to the state emergency reserve for the 2023-24 state fiscal year.
Session:
2023 Regular Session
Subject:
Bill Summary
State Government
The act requires the state treasurer to make 2 transfers to the state emergency reserve cash fund (fund) on June 30, 2023. First, the state treasurer is required to transfer $20 million from the general fund to the fund. Second, the state treasurer is required to transfer $10 million from the revenue loss restoration cash fund that originates from the general fund to the fund.
APPROVED by Governor April 20, 2023
EFFECTIVE April 20, 2023
(Note: This summary applies to this bill as enacted.)