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2004 SESSION
HB 110 Budget, state; automatic reduction in general fund appropriations.
Introduced by: Harry R. Purkey | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Automatic reduction in general fund appropriations by Governor. Requires the Governor, whenever general fund revenue collections for a period of six months or more show that year-to-date revenue growth is in excess of one percent below the official estimate upon which the appropriation act is based for such fiscal year, to institute an across-the-board percentage reduction in general fund appropriations to all executive branch agencies, which shall equal at least one-half of the revenue shortfall. Such action shall be communicated to the chairmen of the money committees within five days of its adoption.
FULL TEXT
HISTORY
- 01/14/04 House: Presented & ordered printed, prefiled 12/22/04 047487472
- 01/14/04 House: Referred to Committee on Appropriations
- 01/23/04 House: Assigned to App. sub-committee: 11
- 02/13/04 House: Continued to 2005 in Appropriations (25-Y 0-N)