SENATE BILL 616

File Code: Operating Budget

Sponsored By:

Senator Rosapepe

Entitled:

Anti-Deficit and Fiscal Responsibility Act of 2010

Synopsis:

Increasing from 7.5% to 22.5% the minimum percentage of estimated General Fund revenues required in the Revenue Stabilization Account for purposes of determining whether the Governor is required to include a specified appropriation to the Account in the budget bill and the amount of the appropriation required; increasing from 5% to 22.5% the minimum percentage for purposes of determining the circumstances under which the Governor is authorized to transfer funds from the Account to General Fund revenues; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.

Senate Action

2/5

First Reading Budget and Taxation

2/17

Hearing 3/10 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

Appropriations

Budgets -see also- Capital Budgets

Governor

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statute:

State Finance and Procurement

( 7-311 )

Documents

All documents except Roll Call Votes are displayed in PDF format:

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered