SJR 7 Requires the State Treasurer to provide an estimate of available state revenues each fiscal year
Sponsor: Graham
LR Number: 0307S.01I Fiscal Note: 0307-01
Committee: Governmental Accountability & Fiscal Oversight
Last Action: 2/15/2007 - Hearing Conducted S Governmental Accountability & Fiscal Oversight Committee Journal Page:
Title: Calendar Position:
Effective Date: Upon voter approval

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Current Bill Summary

SJR 7 - This proposed constitutional amendment, if approved by the voters, requires the state treasurer, by November 1st of each year, to complete and deliver to the governor and the General Assembly an estimate of available state revenues for the next fiscal year beginning on July 1st. The estimate shall be used by the Governor and the General Assembly as the primary source of estimated revenues in their deliberations on the disbursement of state funds for the next fiscal year. The State Treasurer can provide updates to the estimate until March 15th.

This SJR is identical to SJR 36 (2006).