First reading, referred to Ways & Means.
Summary
The bill amends state budgeting statutes to require the director of financial management to give agencies clear instructions for biennial budget requests and to specify extensive content for the governor’s budget documents, including performance indicators and financial forecasts. It also obligates the governor’s operating budget to show a positive ending balance in the general fund and to keep projected spending within estimated fiscal resources. The changes aim to improve budget transparency and fiscal sustainability.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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