STANDARDIZE STATE INVESTMENT FUND LANGUAGE

SB 202 standardizes investment rules for multiple state funds, requiring all to follow the "prudent investor rule" for managing money. It adjusts how long certain funds remain available before reverting to the general fund (reducing the time by one year for the Capital Development Program Fund and one month for agency funds). The bill also moves the Capital Development Program Fund to the State Treasury and ensures cannabis fees go directly to the Regulation and Licensing Department Operating Fund. These changes primarily affect state investment management procedures and fund administration.