The General Assembly Raised Bill No. 7235 aims to enhance oversight of state budget expenditures by mandating a review of appropriations from funds other than the General Fund. Effective July 1, 2025, the Office of Fiscal Analysis is tasked with conducting this review for the fiscal year ending June 30, 2026. The office will identify any areas where appropriations have increased by ten percent or more compared to the previous fiscal year. The findings of this review must be submitted to the relevant joint standing committee by February 1, 2026.
The bill introduces new legal language to establish this review process, specifically noted as "Section 1 July 1, 2025 New section." Additionally, it clarifies that proposed deletions from current law are indicated in brackets, while new additions are underlined, although the entire text of this bill is new and therefore not underlined. The primary purpose of the bill is to ensure greater accountability and transparency in the management of state funds outside the General Fund.