House Bill No. 5425 mandates the Office of Fiscal Analysis (OFA) to conduct a review of appropriations from funds other than the General Fund for the biennium ending June 30, 2027. The review will specifically identify areas where appropriations have increased by ten percent or more compared to the previous fiscal year. The OFA is required to submit the findings of this review to the Appropriations Committee by February 1, 2027. This new requirement is set to take effect on July 1, 2026, as indicated by the inserted legal language.

The bill does not have any fiscal impact on the state or municipalities, as the OFA already possesses the necessary expertise and staffing to carry out the review and report. The proposed budget for the fiscal year ending June 30, 2027, includes appropriations for various funds, such as the Special Transportation Fund and the Municipal Revenue Sharing Fund, among others. The bill was reported favorably by the Appropriations Committee with a vote of 39 in favor and 13 against.