HB 1401

Joint Budget Committee. On June 30, 2026, the state treasurer is required to transfer the following amounts from the unclaimed property trust fund (UPTF): $72.8 million to the general fund; and $2.2 million to the division of housing to be deposited into the housing development grant fund (grant fund). On July 1, 2026, the bill repeals the statutory provisions that authorize future transfers from the UPTF to the grant fund and to the adult dental fund. For the 2026-2027 state fiscal year, $63,491,322 is appropriated from the general fund to the department of health care policy and financing (HCPF). The bill decreases by a corresponding amount an appropriation to HCPF from the adult dental fund. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)