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Legislative Year: 2023 Change
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Bill Detail: HB23-1179

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Title Agricultural Products Inspection Cash Fund Reserve
Status Governor Signed (04/20/2023)
Bill Subjects
  • Agriculture
  • State Revenue & Budget
House Sponsors T. Winter (R)
T. Mauro (D)
Senate Sponsors C. Simpson (R)
N. Hinrichsen (D)
House Committee Agriculture, Water and Natural Resources
Senate Committee Agriculture and Natural Resources
Date Introduced 02/08/2023
Summary

Current law limits the amount of uncommitted money that may
remain in a cash fund at the end of a state fiscal year to 16.5% of the
amount spent during the fiscal year. The bill exempts the agricultural
products inspection cash fund from the 16.5% uncommitted balance limit
and instead imposes a limit of 50% of the amount spent from the fund
during the fiscal year.

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