Plain English Breakdown
The official source material does not provide specific details about how much money is involved in changes and additions, nor does it confirm the creation of entirely new methods for using funds.
Budget Law for 2024
The Budget Act of 2024 sets spending plans for the state government for the fiscal year 2024-25 and makes changes to previous budget laws.
What This Bill Does
- Sets spending plans for different parts of the state government for the fiscal year 2024-25.
- Changes how some existing funds are used or managed.
Who It Names or Affects
- State government agencies and departments
Terms To Know
- Appropriations
- Money that is set aside to be used by a specific part of the government.
- Fiscal Year
- A period of one year used for budgeting and financial reporting, starting on July 1st and ending on June 30th.
Limits and Unknowns
- The bill did not pass all stages to become a law.
- It does not specify the exact amounts of money being added or changed.