The bill proposes an appropriation for the Auditor of State's personal services and operating expenses for the fiscal year ending June 30, 2026. It establishes a maximum number of regular employees and their corresponding salary rates for both the Operations and Unclaimed Property Program divisions. For the Operations division, a total of 20 employees are authorized, with salaries ranging from $47,255 to $165,160. The Unclaimed Property Program will have a maximum of 10 employees, with salaries ranging from $65,630 to $126,675. The total amount appropriated for the Operations division is $3,117,945, while the Unclaimed Property Program is allocated $2,973,635.
Additionally, the bill includes provisions for the payment of unclaimed property claims and abandoned mineral proceeds, with appropriations of $35,002,500 and $2,500,500, respectively. It also allows for the transfer of appropriations between line items within the Operations and Unclaimed Property Program divisions, subject to approval from the Chief Fiscal Officer of the State. The bill emphasizes compliance with existing fiscal control laws and includes an emergency clause to ensure its effectiveness starting July 1, 2025, to prevent disruption in essential governmental operations.