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2026 Session

Budget Amendments - SB30 (Committee Approved)

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Limitation on Agencies Issuing Loans (language only)

Item 4-5.04 #2s

Item 4-5.04 #2s

Special Conditions and Restrictions on Expenditures
Goods and Services

Language

Page 628, after line 31, insert:

"n. LOANS: No state agency shall make loans to non-state entities from general or nongeneral fund sources appropriated to the agency unless the authority to issue such loans is included in state statute or a general appropriation act."



Explanation

(This amendment prohibits state agencies from making loans to non-state entities from general or nongeneral fund sources appropriated to the agency unless the authority to issue such loans is included in state statute or a general appropriation act.)