Summary:

 Senate Bill 301 (SB 301) creates the Court Emergency Property Reserve Fund and appropriates to this fund $450,000.  

Legislation Overview:

 Senate Bill 301 (SB 301) creates the Court Emergency Property Reserve Fund (Fund) to be administered by the Administrative Offices of the Courts.  Money in the Fund can be used to pay for emergency repair, reconstruction, or replacement of court-owned property not covered by warranty, appropriation or insurance. The Fund consists of money appropriated by the legislature and is invested by the state treasurer.  
SB 301 also appropriates $450,000 from the General Fund to the Fund for use is Fiscal Year 2026 and subsequent years.  Unused balances at the end of the fiscal year do not revert to the General Fund.