States legislative findings and purpose.

Requires total budgets of State agencies be reduced by not less than 10%. Allows Director flexibility to administer cost reduction to mitigate any substantial burdens so long as the overall reduction reaches 10%.

Requires every State agency head to submit a detailed budget reduction plan to the Director by January 1, 2027. Requires Director to approve or require revision of plans by February 1, 2027 and to publish approved plans on the Office of State Budget and Management (OSBM) website.

Requires Director to report progress to the specified NCGA division by October 1, 2027.

Appropriates $200,000 for 2026-27 from the General Fund to OSBM to implement this act, effective July 1, 2026.