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
Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 2003 Senate Bills
Current Bill Summary

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).