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House Bill 2 |
House Author: Bonnen |
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Effective: 6-18-21 |
Senate Sponsor: Nelson |
House Bill 2 makes supplemental appropriations and reductions in appropriations to various state agencies, programs, and funds; provides transfer authority and other appropriation adjustment authority; and imposes contingencies on the appropriation of funds and transferred appropriations and restrictions on the use of certain supplemental and transferred appropriations.
Unencumbered appropriations for the 2020‑2021 state fiscal biennium from the general revenue fund are reduced by roughly $5 billion on net. The bill makes supplemental appropriations for the 2020‑2021 state fiscal biennium totaling approximately $31 million from general revenue dedicated accounts; $531 million from the Economic Stabilization Fund, otherwise known as the Rainy Day Fund; $562 million from federal funds; and $581 million from various other state funds and accounts. Certain of these appropriations are contingent on the receipt of certain amounts of federal COVID‑19 relief funds.
House Bill 2 sets the sum‑certain appropriation to the Foundation School Program for fiscal year 2021 at $24,578,373,076.
House Bill 2 excludes certain funds received from the federal government for COVID‑19 relief and recovery from its appropriations.