Requiring the Bureau of Revenue Estimates, beginning with the revenue estimate for fiscal year 2020, to calculate a specified share of General Fund revenues represented by specified nonwithholding income tax revenues; stating it is the goal of the State that 10% of estimated General Fund revenues in specified years be retained in the Revenue Stabilization Account; establishing the Fiscal Responsibility Fund for the purpose of retaining specified tax revenues to provide pay-as-you-go capital funds for specified purposes; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2017
Bill imposes a mandated appropriation in the annual State Budget Bill
( 6-104 through 6-106, 7-311, 7-329, 7-330 )
( 2-609 )
Last Updated: 2/3/2020 2:34 PM