Legislation - SB0564

Title: Catastrophic Event Account - Transfer of Funds - State Disaster Recovery Fund
Sponsored by: Senators Hester and Salling
Status: In the Senate - Favorable with Amendments Report by Budget and Taxation
Analysis: Fiscal and Policy Note

Synopsis

Authorizing the transfer of funds from the Catastrophic Event Account to the State Disaster Recovery Fund if the balance of the Fund has been depleted due to use or transfer or the estimated costs for providing adequate disaster relief for a natural disaster or catastrophic situation are in excess of the Fund's balance; and altering the number of days the Legislative Policy Committee has to review and make comments before the Governor may transfer certain funds from the Account through budget amendment.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0865

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/24/2025 Legislative Date 1/23/2025 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Catastrophic Event Account - Transfer of Funds - State Disaster Recovery Fund Proceedings
Chamber Senate Calendar Date 1/27/2025 Legislative Date 1/27/2025 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/07/2025 Legislative Date 2/07/2025 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/07/2025 Legislative Date 4/07/2025 Action Favorable with Amendments Report by Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/24/2025	1/23/2025	First Reading Budget and Taxation
			Text - First - Catastrophic Event Account - Transfer of Funds - State Disaster Recovery Fund
Senate	1/27/2025	1/27/2025	Hearing 2/19 at 1:00 p.m.
Senate	2/07/2025	2/07/2025	Hearing canceled
Senate	2/07/2025	2/07/2025	Hearing 3/06 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/07/2025	4/07/2025	Favorable with Amendments Report by Budget and Taxation

File Code

Subjects

Statutes