2006 Regular Session

SENATE BILL 639

File Code: Operating Budget Crossfiled with: HOUSE BILL 1227
Sponsored By:
Senators Lawlah, Kelley, McFadden, Middleton, Munson, and Ruben
Entitled:
State Reserve Fund - Federal Fund Replacement Account - Creation

Synopsis:

Establishing the Federal Fund Replacement Account; specifying that the purpose of the Account is to replace federal funds that were anticipated in the State budget but not received; requiring the Governor to include a specified appropriation in the budget bill if the balance in the Account falls below a specified amount; authorizing the Governor to transfer money from the Account to an expenditure account of a specified unit of State government under specified circumstances by specified means; etc.

History by Legislative Date

Senate Action
2/3
First Reading Budget and Taxation
3/1
Hearing 3/14 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Gloria Lawlah, District 26
Senator Delores G. Kelley, District 10
Senator Nathaniel J. McFadden, District 45
Senator Thomas M. Middleton, District 28
Senator Donald F. Munson, District 2
Senator Ida G. Ruben, District 20

Bill indexed under the following Subjects:

APPROPRIATIONS
BUDGETS -see also- CAPITAL BUDGETS
FEDERAL GOVERNMENT
GENERAL ASSEMBLY -see also- AELR CMTE; LEG POLICY COMMITTEE.
GOVERNOR
LEGISLATIVE POLICY COMMITTEE
PUBLIC WORKS, BOARD OF
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

Bill affects the following Statutes:

State Finance and Procurement
( 7-309 , 7-328 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered