Governor Signed
Summary
The bill eliminates the state’s Bond Assistance Program, directing any unspent, unencumbered money in its cash fund to the General Fund on June 30, 2026. It requires the Department of Personnel to use any remaining encumbered funds only to satisfy existing obligations, and the repeal becomes effective on Dec. 1, 2027. The change shifts money to the state budget and ends a program that supported certain businesses.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Track this bill
Get an email when HB 1388 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HB 1388 freeOr ask your AI assistant about HB 1388 directly:
Add to Claude, ChatGPT or Cursor