Amendment 78: Accountability and Transparency For Custodial Funds0

• Issue Backgrounders
• October 27, 2021

Topline Summary: Under current law, the governor or executive branch officials can unilaterally allocate certain funds which originate from outside of the state—known as custodial funds—often with little or no oversight. Amendment 78 would democratize the process of allocating custodial funds by requiring the general assembly to appropriate such funds after a public hearing. If