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2011 SESSION

• | print version

SB 1454 General fund revenues; assignment of year-end surplus to Revenue Stabilization Fund.

Introduced by: Emmett W. Hanger, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

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.

FULL TEXT

• 01/21/11  Senate: Presented and ordered printed 11104076D  pdf | impact statement

HISTORY

• 01/21/11  Senate: Presented and ordered printed 11104076D
• 01/21/11  Senate: Referred to Committee on Finance
• 02/08/11  Senate: Left in Finance