This bill proposes several changes to the management of state funds, specifically focusing on the state parks and robotics education funds. It removes references to repealed funds and establishes a new account known as the Cannon Mountain Ski Account Fund, which will be funded by revenues from state-owned ski areas and other related sources. Additionally, the bill splits the existing state parks fund into two separate accounts, ensuring that revenues from state-owned ski areas are excluded from the general state park fund. The bill also repeals certain sections of existing law that reference funds that are no longer in use.

Furthermore, the bill modifies the Robotics Education Fund by capping its unobligated balance at $1,000,000 and stipulating that any excess funds will lapse into the general fund at the end of each biennium. This change aims to streamline the management of the robotics education resources while ensuring that unutilized funds are redirected to the general fund. The bill is set to take effect 60 days after its passage, with an effective date of September 30, 2025.

Statutes affected:
Introduced: 6:12, 188-E:24, 216-A:3-i
As Amended by the Senate: 6:12, 188-E:24, 216-A:3-i
Version adopted by both bodies: 6:12, 188-E:24, 216-A:3-i
CHAPTERED FINAL VERSION: 6:12, 188-E:24, 216-A:3-i
HB650 text: 6:12, 188-E:24, 216-A:3-i