Funding transfer to address layoffs for state employees due to federal funding disruptions.
This bill allows the State Controller to transfer funds to cover layoff obligations for state employees affected by federal funding disruptions. It authorizes the transfer of Personal Services expenditures from federal fund accounts to the Departments and Operating Capital. Additionally, it requires the transfer of the unobligated balance from the Departments and Agencies - Statewide program, General Fund account to the Reserve for General Fund Operating Capital by June 30, 2026.
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- Legal Framework
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