EnactedFiled Jan 23, 2026
Sponsor: Donovan Dela Cruz (D)
Latest Action
Act 265, on 07/15/2026 (Gov. Msg. No. 1368).
Jul 15, 2026
Summary
The bill directs $50 million from the state’s surplus general fund to be placed in the emergency and budget reserve fund. This satisfies a constitutional requirement to dispose of excess revenues and creates a financial cushion for emergencies or economic downturns. It mainly impacts state finances and, indirectly, taxpayers.
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