Relates to the appropriation and transfer of moneys from the Budget Stabilization Fund to the General Fund.

ThisbillexpandstheStateBoardofExaminers'existingauthorityunderSection57-814A,IdahoCode,topermit it to direct the State Controller to transfer moneys from the Budget Stabilization Fund to the General Fund in fiscal year 2020 if the General Fund revenues are insufficient to meet Idaho's balanced budget requirement in accordance with Article VII, Section 11, of the Constitution of the State of Idaho. Given current economic uncertaintiesandtheCOVID-19stateandnationalemergencies, thisbillensuresthatthestatehastheflexibility needed to address any revenue shortfalls that would preclude a balanced budget. Further, the likelihood of a special legislative session to address any revenue shortfalls is currently unclear. This increased authority would be for FY 2020 only and would not be needed if the Legislature otherwise addresses any shortfall in a special session.