Amends existing law to revise provisions regarding reports on federal funds required to be submitted by state agencies and to revise provisions regarding the state's annual budget requests.

This legislation updates Title 67 Chapter 19 & 35 in Idaho code relating to annual budget reporting by state agencies. This directs state agencies receiving federal funds, anticipating receipts of federal funds or administrating programs supported by federal funds to add, or adjust reporting requirements. It requires reporting if federal funds are capped, or are open-ended, or if the state is required to match federal dollars. It also requires agencies to develop a plan to reduce or eliminate services if notified of a reduction in federal funding within a specific federal grant of 10% or more. This also adds language which requires reporting to legislative services office.