Analyst: RJW Page 1 5/2/23 OFA Bill Analysis HB 6659 AN ACT CONCERNING THE STATE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2025, AND MAKING APPROPRIATIONS THEREFOR. SUMMARY: The bill, the FY 24 and FY 25 biennial budget bill, includes appropriations for 10 funds totaling $25.1 billion in FY 24 and $25.9 billion in FY 25. Funding is provided to state agencies to meet operational costs, make grant payments, and meet long term obligations such as debt service and retirement benefit systems. The bill also includes: (1) implementing language pertaining to various agencies and appropriations, (2) funds carried forward from FY 23 appropriations to FY 24 and FY 25, and (3) reallocates a portion of American Rescue Plan Act (ARPA) funds for new purposes in FY 24 and FY 25. EFFECTIVE DATE: Sections 1-25, and section 34 are effective July 1, 2023, and sections 26-33 and 35-91 are effective from passage. COMMITTEE ACTION Appropriations Committee Joint Favorable Substitute Yea 40 Nay 12 (04/18/2023)