|SJR 014||Amends the Constitution to create a Revenue Stabilization Fund|
|LR Number:||1048S.01I||Fiscal Note:||1048-01|
|Committee:||Ways and Means|
|Last Action:||04/01/03 - Voted Do Not Pass S Ways & Means Committee||Journal page:|
|Effective Date:||Voter Approval|
SJR 14 - This proposed constitutional amendment creates the "Revenue Stabilization Fund" which will be used to receive excess funds during a given fiscal year. The fund shall hold the money in lieu of the excess being distributed pro rata to taxpayers. In years of a fiscal shortfall, the general assembly may make use of the revenue in the fund as necessary.
This SJR is identical to SJR 36 (2002).