AN ACT REQUIRING REPORTS CONCERNING THE TERMINATION OF CERTAIN FUNDS AND ACCOUNTS.

HB 6194 requires state agencies, departments, or officials managing certain state funds created by law for charitable purposes to submit electronic reports to the legislature before terminating those funds. The reports must state the intent to end the fund and estimate any remaining balance. This applies to funds established through public or special acts and administered by state entities, effective October 1, 2025. The bill has no fiscal impact on the state or municipalities, as confirmed by the fiscal analysis. It focuses solely on transparency requirements, not policy changes.