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2026 Special Session I

Budget Amendments - HB30 (Conference Report)

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Authority for Loans from State Agencies (language only)

Item 4-5.02 #1c

Item 4-5.02 #1c

Special Conditions and Restrictions on Expenditures
Third Party Transactions

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, a general appropriation act, or is otherwise explicitly approved by the Governor with notice given within 10 days to Chairs of the House Appropriations and Senate Finance and Appropriations Committees."



Explanation

(This amendment clarifies approval authorities needed for state agencies to make loans to non-state entities.)