Relating to “unencumbered” special revenue accounts to be surrendered to general revenue under certain circumstances
HB 2663 requires state agencies to surrender unused funds from "special revenue accounts" to the General Revenue Fund after periods of inactivity. Specifically, accounts with no activity (neither receiving nor disbursing funds) for 1-2 years must surrender 50% of the funds, while accounts inactive for over two years must surrender 100%. The bill prohibits agencies from spending from these accounts while awaiting forfeiture. It directly affects state departments managing special revenue accounts (e.g., for specific programs or funds) that have become inactive, ensuring unspent funds are returned to the general budget for broader state use.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2025
Last action Feb 20, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
2
Feb 20, 2025
Committee
To House Finance
lower
Feb 20, 2025
Introduced
Introduced in House
lower
Feb 20, 2025
Committee
To Finance
lower
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Marty Gearheart
RRepublican
Co
Jim Butler
RRepublican
Co
Mike Hornby
RRepublican
Co
Ray Canterbury
RRepublican
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