TRANSFER FROM GENERAL FUND TO OTHER FUNDS

Summary

The bill amends state law so that any revenue the general fund collects beyond its approved budget is first placed in the general‑fund operating reserve. If the combined surplus and reserve exceed set percentages of the prior year’s appropriations, portions are redirected to Medicaid, behavioral health, community benefit, public‑education reform, rural health‑care delivery, and the Kiki Saavedra senior dignity trusts, as well as to the Government Results and Opportunity Expendable Trust. It also allows the legislature to pull money from the tax‑stabilization reserve to shore up the operating reserve or cover projected shortfalls.

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