AN ACT RELATING TO PUBLIC FINANCE -- STATE BUDGET--PROGRAM PERFORMANCE MEASUREMENT
04/09/2026 Committee recommended measure be held for further study
Summary
The bill redesigns the state budget officer role as a capital development officer who reviews capital project requests, prepares a capital budget, and leads a new oversight commission. It also forces state agencies to send detailed financial statements each quarter and obliges the governor to include performance goals and results in the budget. The Office of Management and Budget will collect and review these performance measures, and a new restricted account will hold proceeds from state property sales for IT projects.
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