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2019 SESSION
HB 2354 Revenue Stabilization Fund and Revenue Reserve Fund; maximum amounts.
Introduced by: S. Chris Jones | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Revenue Stabilization Fund and Revenue Reserve Fund; maximum amounts. Provides that the combined funds in the Revenue Stabilization Fund and Revenue Reserve Fund shall not exceed 15 percent of average income and sales tax revenues for the past three years. Under current law, the amount in the Revenue Stabilization Fund shall not exceed 15 percent of average income and sales tax revenues for the past three years, and the amount in the Revenue Reserve Fund shall not exceed two percent of general fund revenues for the prior year.
FULL TEXT
- 01/08/19 House: Prefiled and ordered printed; offered 01/09/19 19101707D pdf | impact statement
- 02/19/19 House: Bill text as passed House and Senate (HB2354ER) pdf | impact statement
- 03/12/19 Governor: Acts of Assembly Chapter text (CHAP0347) pdf
HISTORY
- 01/08/19 House: Prefiled and ordered printed; offered 01/09/19 19101707D
- 01/08/19 House: Referred to Committee on Appropriations
- 01/14/19 House: Assigned App. sub: General Government & Capital Outlay
- 01/23/19 House: Reported from Appropriations (20-Y 0-N)
- 01/23/19 House: Subcommittee recommends reporting (8-Y 0-N)
- 01/25/19 House: Read first time
- 01/28/19 House: Read second time and engrossed
- 01/29/19 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 01/29/19 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 01/30/19 Senate: Constitutional reading dispensed
- 01/30/19 Senate: Referred to Committee on Finance
- 02/12/19 Senate: Reported from Finance (15-Y 0-N)
- 02/13/19 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/14/19 Senate: Read third time
- 02/14/19 Senate: Passed Senate (40-Y 0-N)
- 02/19/19 House: Enrolled
- 02/19/19 House: Bill text as passed House and Senate (HB2354ER)
- 02/19/19 House: Signed by Speaker
- 02/20/19 Senate: Signed by President
- 02/21/19 House: Enrolled Bill communicated to Governor on February 21, 2019
- 02/21/19 Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/12/19 Governor: Approved by Governor-Chapter 347 (effective 7/1/19)
- 03/12/19 Governor: Acts of Assembly Chapter text (CHAP0347)