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Bill

Bill

HB 795

RELATING TO THE GENERAL FUND.

2025 Regular Session Introduced by Kyle Yamashita

HB 795 strengthens the state’s General Fund and boosts the Emergency and Budget Reserve Fund, ensuring financial stability and support for essential services and emergencies.

Act 267, 07/02/2025 (Gov. Msg. No. 1370).
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WeVote Research Nonpartisan
Bill Summary · HB 795

Summary of HB 795: Relating to the General Fund

Overview

Bill Number: HB 795
Title: Relating to the General Fund
Status: Act 267, effective July 2, 2025
Introduced: January 17, 2025
Classification: Bill
Subject: Appropriation ($), Constitution, Emergency and Budget Reserve Fund

HB 795 is a legislative measure aimed at addressing the management and allocation of funds within the state’s General Fund. The bill seeks to make appropriations that will impact the state’s financial stability and reserve funds.

Main Purpose and Intent

The primary intent of HB 795 is to ensure that the state’s General Fund is adequately supported and that necessary appropriations are made to maintain fiscal responsibility. This includes provisions related to the Emergency and Budget Reserve Fund, which is crucial for managing unexpected financial challenges.

Key Provisions

  • Appropriations: The bill includes specific appropriations from the General Fund to various state programs and services, although the exact dollar amounts are not specified in the summary.
  • Emergency and Budget Reserve Fund: It aims to bolster the Emergency and Budget Reserve Fund, ensuring that the state has sufficient resources to respond to emergencies and maintain budgetary stability.
  • Constitutional Considerations: The bill addresses constitutional requirements related to state funding and appropriations, ensuring compliance with existing laws.

Affected Parties

  • State Agencies: Various state agencies that rely on funding from the General Fund will be directly impacted by the appropriations made under this bill.
  • Residents of the State: The general public may benefit indirectly from the stability and availability of state services funded through the General Fund.
  • Emergency Services: The enhancement of the Emergency and Budget Reserve Fund will particularly benefit emergency services and programs that require immediate funding in times of crisis.

Procedural Timeline

  • January 17, 2025: Bill introduced and passed First Reading.
  • February 19, 2025: The Finance Committee recommended the bill be passed with amendments.
  • April 30, 2025: The bill passed Final Reading in the House and Senate with amendments.
  • July 2, 2025: The bill was signed into law as Act 267.

Conclusion

HB 795 represents a significant step in managing the state’s financial resources, particularly in enhancing the General Fund and ensuring that the Emergency and Budget Reserve Fund is adequately supported. The successful passage of this bill reflects a commitment to fiscal responsibility and preparedness for unforeseen financial challenges.

Compiled from official sources — confirm details with the bill’s official record.

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