House Amendment #2 to SB 1805 creates the FY 2021 Budget Implementation Act to make changes in state programs that are necessary to implement the FY 2021 budget.
House Amendment #2 to SB 1805 creates the Emergency Budget Act of Fiscal Year 2021. It authorizes the governor to designate a contingency reserve from general funds and any special fund for FY 2021, with certain notification requirements. Additionally, it establishes that any expenditure from state funds is made subject to appropriation during FY 2021, except for non-appropriated funds, non-appropriated accounts, locally held funds, and appropriations with continuing authority.
House Amendment #2 to SB 1805 authorizes the use of money in the State Pensions Fund as part of the annual state contribution to SURS for FY 2021.
House Amendment #2 to SB 1805 extends the lapse period for FY 2020 from August 31, 2020, to December 31, 2020.
House Amendment #2 to SB 1805 creates the Legislative Budget Oversight Commission to monitor budget management actions taken by the Office of the Governor or the Governor’s Office of Management and Budget. The term “budget management action” means any transfer between appropriation lines exceeding 2%, fund transfer, designation of appropriation lines as reserve, or any other discretionary action taken with regard to the fiscal year 2021 budget as enacted.
House Amendment #2 to SB 1805 takes effect immediately upon becoming law.