The bill pertains to the Settlements and Judgments Report for the second quarter of Fiscal Year 2025, as submitted by the Office of the Comptroller to the House and Senate Committees on Ways and Means. It outlines the financial activities related to the Settlements and Judgments reserve (account 1599-3384), which began the fiscal year with a $1 million appropriation. The report indicates that the spending ceiling was increased by $18,697,027 due to historical expenditure averages and carryover balances from the previous fiscal year. The total spending for the second quarter amounted to $5,981,538, leaving a balance of $5,483,409 as of December 31, 2024.
The report includes detailed information on payments made during the quarter, including payee names, payment dates, and amounts. Notably, the report is accessible on the Comptroller's transparency website, CTHRU, which has been provided in the bill. The legal language inserted into the current law includes specific dates for the second quarter, the original appropriation amount, the spending ceiling, and the balance forward from the previous fiscal year, as well as a total for the second quarter spending.