VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2003 SESSION

• | print version

HJ 577 Constitutional amendment (first resolution);limit growth general fund.

Introduced by: R. Lee Ware, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Constitutional amendment (first resolution); limit on growth in state general fund appropriations and revenues. Limits general fund growth in any fiscal year to the preceding year's general fund appropriation plus the percentage increase in gross state product for the most recently available year plus a factor for population increases. The General Assembly may exceed this limitation with a two-thirds vote of each house. The amendment also provides that 50 percent of general fund revenues in excess of the limitation is to be returned to the citizens of Virginia and 50 percent goes into the Revenue Stabilization Fund. This resolution is incorporated into HJR 592.

FULL TEXT

• 01/08/03  House: Presented & ordered printed, prefiled 01/03/03 036222976  pdf

HISTORY

• 01/08/03  House: Presented & ordered printed, prefiled 01/03/03 036222976
• 01/08/03  House: Referred to Committee on Privileges and Elections
• 01/20/03  House: Assigned to P. & E. sub-committee: 1
• 01/24/03  House: Incorporated by P.&E. (HJ592-Callahan) (21-Y 0-N)