Effective: September 13, 2018
Latest Legislation: House Bill 292 - 132nd General Assembly
Beginning on October 1, 2018, and every six months thereafter, the director of budget and management shall furnish to the president and minority leader of the senate, the speaker and minority leader of the house of representatives, and the chairpersons of the finance committees of the senate and house of representatives a report of all of the following:
(A) Line items without current year appropriation but with remaining open encumbrances;
(B)(1) For an October report, funds that had no expenditures in the immediately preceding fiscal year but had remaining cash balances;
(2) For an April report, funds that had no expenditures in the current fiscal year but had remaining cash balances;
(C) (1) For an October report, funds that have spent less than half of their preceding fiscal year appropriations;
(2) For an April report, funds that spent or encumbered less than half of their current fiscal year appropriations through December of that fiscal year.
(D) Dedicated purpose funds that have more than one hundred per cent of their appropriation in cash on hand.