This bill proposes to expire $15,000,000 from the Governor's Office Civil Contingent Fund (fund 0105) for the fiscal year 2023 and transfer it to the unappropriated surplus balance of the State Fund, General Revenue, for the fiscal year ending June 30, 2026. The bill outlines that the total appropriation for the Governor's Office Civil Contingent Fund for fiscal year 2026 will be supplemented and amended to include this amount, thereby allowing for its appropriation during the specified fiscal year.
The bill is based on the Governor's Executive Budget Document submitted to the Legislature, which indicates an available unappropriated surplus balance in the Treasury for the fiscal year 2026. The new legal language includes the insertion of fund 0105, fiscal year 2026, and organization 0100, while the bill also specifies the decrease in the appropriation for the fiscal year 2023 by expiring the $15,000,000. The overall aim is to ensure that the funds are available for expenditure in the upcoming fiscal year.