AN ACT ADJUSTING THE FISCAL GUARDRAILS.

HB 6752 adjusts key budget calculation rules to refine how the state manages spending limits. It changes the inflation measure used for budget adjustments to include all items (not just seasonal averages), excludes certain retirement system payments from budget calculations, and requires the Treasurer to include economic impact analyses for bond projects. These changes directly affect the state's budgeting process, altering how spending caps and revenue transfers are calculated. The bill aims to make budget adjustments more stable and transparent by updating specific financial formulas and adding analysis requirements.