Capital outlay appropriations revert to the capital development and reserve fund, except for tribal projects.
The bill modifies the reversion of unexpended capital outlay appropriations from the general fund. It mandates that such appropriations revert to the capital development and reserve fund, except for tribal projects which revert to the tribal infrastructure project fund. The bill also sets specific timeframes for reversion based on project types and completion status. Additionally, it restricts the use of appropriated funds for certain projects unless a binding written agreement with a third party is approved by the authorized state agency.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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