This bill mandates that the governor 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 compared to the official revenue plan for the current fiscal year.

The bill does not delete any existing legal language but introduces new requirements for fiscal reporting. It specifies the content of the reports, which will enhance transparency and accountability regarding the management of the state's financial resources. The act is set to take effect 60 days after its passage, although the fiscal impact of the bill is currently undetermined pending further information from the Department of Administrative Services and the Governor's Office.