This bill mandates that the governor must submit and present a quarterly fiscal year budget report concerning the general and education trust funds to the fiscal committee of the general court. The new section, RSA 4:49, will be added to current law, requiring the governor's office, in consultation with the commissioner of administrative services, to provide detailed reports starting October 1, 2026. These reports will include actual and estimated unrestricted revenues, appropriation warrants, and projected lapse estimates for the current fiscal year, ensuring transparency and accountability in the management of state funds.

The bill also specifies that the act will take effect 60 days after its passage, with an approval date of June 12, 2026, and an effective date of August 11, 2026. There are no deletions from current law mentioned in the text, as the bill introduces new legal language to enhance fiscal reporting requirements.