HB1221 — Public finance; creating the State Accounts for Federal Expenditures Act (SAFE Act); creating State Accounts; approval; hearings; agency requirements; effective date; emergency.

HB1221 — Public finance; creating the State Accounts for Federal Expenditures Act (SAFE Act); creating State Accounts; approval; hearings; agency requirements; effective date; emergency. · Informed CitizenryThis bill establishes a new State account called the Federal Funds Holding Account. Its primary function is to require that most money received by the state from federal sources—such as the feder…Open in Informed Citizenry