| SJR 014 | Amends the Constitution to create a Revenue Stabilization Fund |
| Sponsor: | Jacob | |||
| 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: | ||
| Title: | ||||
| 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).
JEFF CRAVER