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This bill
authorizes transfers of up to $2,500,000 from the Reserve for General Fund
Operating Capital within the Department of Administrative and Financial
Services to the Departments and Agencies - Statewide program, General Fund
account within the Department of Administrative and Financial Services to
address funding needs related to layoff obligations for state employees
affected by federal funding disruptions that are not otherwise directly
chargeable to those federal funding sources. The State Controller is required
to transfer any unobligated balance from the Departments and Agencies -
Statewide program, General Fund account to the Reserve for General Fund
Operating Capital on or before June 30, 2026. |