Amends existing law to revise provisions regarding the division administrator's authority to address board and commission cash balances.

This legislation requires any boards or commissions that have excessive cash (over 150% of 5 year rolling average of expenditures) to present a plan to reduce that balance. It allows the director of boards or commissions to authorize a fee holiday. For boards or commissions with low or negative cash, it requires them to present a plan for rectifying the balance. It also cleans up some sections of code from HB505 from the 2024 legislative session relating to a biennial renewal cycle of licenses.