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2013 SESSION

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SB 872 Transportation Trust Fund; increases percentage portion of general fund surplus that is deposited.

Introduced by: Jeffrey L. McWaters | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Assignment of general fund balance; Transportation Trust Fund. Increases from 67 percent to 75 percent the portion of the general fund surplus remaining at the end of each fiscal year that is deposited into the Transportation Trust Fund. Such deposit takes place after deposits are made to the Revenue Stabilization Fund and the Water Quality Improvement Fund and other statutorily mandated commitments are met.


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