H 975·ID·house
APPROPRIATIONS – Relates to the appropriation and transfer of moneys in the state treasury for fiscal year 2027.
VetoedFiled Apr 1, 2026
Sponsor: APPROPRIATIONS COMMITTEE
Latest Action
Returned from Governor vetoed on April 28, 2026
Apr 2, 2026
Summary
The bill prohibits the State Controller from moving money from the Budget Stabilization Fund back to the General Fund between June 1, 2026 and June 30, 2027. It overrides the existing law that normally requires excess balances to be transferred. The measure was declared an emergency and would have taken effect on June 1, 2026, but it was vetoed by the governor.
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