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Office of the Revisor of Statutes

SF 3307 Senate Long Description

1E Relating to state finance; improving access to state budget information by members of the legislature; clarifying the format of responses by agencies at the request of the legislative commission on planning and fiscal policy; modifying certain duties of the commission; amending legislative and budget proposal data classification requirements; modifying budget format details; specifying certain documentation requirements of agency budget information by the commissioner of finance; requiring a forecast of cash flow for the general fund; providing a deadline for modifying the budget after the February forecast; specifying a format for detailed budget estimates of expenditures; imposing a deadline for notice of deficiency requests; providing for an increase in the budget reserve; repealing certain obsolete provisions relating to a budget reserve increase and transfers to the tax relief account
(me)