General fund revenues; assignment of year-end surplus to Revenue Stabilization Fund. (SB1454)
Introduced By
Sen. Emmett Hanger (R-Mount Solon)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Assignment of year-end surplus. Provides that if the total amount of general fund revenues actually disbursed or expended at the end of the fiscal year is less than the total amount of general fund revenues actually disbursed or expended for the immediately preceding fiscal year, the Comptroller would assign any general fund balance remaining for any required deposit to the Revenue Stabilization Fund, but thereafter would make no further assignment of the general fund balance. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/21/2011 | Presented and ordered printed 11104076D |
01/21/2011 | Referred to Committee on Finance |
01/31/2011 | Impact statement from DPB (SB1454) |
02/08/2011 | Left in Finance |