Section 54-27-27.1 - Report on federal funds by state agency - Legislative management report1. Biennially, each executive branch state agency, excluding entities under the control of the state board of higher education, receiving federal funds, shall report to the office of management and budget a plan to operate the state agency when federal funds are reduced by five percent or more of the total federal funds the state agency receives. The report must include information on whether the agency will request state funds to offset the decrease in federal funds. The report is not required to address a reduction in federal funds received by the agency which is a result of: a. A decrease in caseloads or cost per case;b. A change in the anticipated project completion date for a construction project qualifying for federal fund reimbursement; orc. The completion of a one-time project funded in whole or in part by federal funds.2. The office of management and budget shall report to the legislative management by October fifteenth of each even-numbered year on the reports received from state agencies under this section. The report must include a summary of the reports received from state agencies on how each agency will operate with the reduction in federal funds.Added by S.L. 2015, ch. 382 (HB 1085),§ 1, eff. 8/1/2015.