| HB44 | INCREASES MAXIMUM BALANCE ALLOWED FOR BUDGET STABILIZATION FUND. |
| Sponsor: | Pouche, Fred (30) | Effective Date:00/00/0000 | |||
| CoSponsor: | LR Number:0311-01 | ||||
| Last Action: | COMMITTEE: GOVERNMENTAL ORGANIZATION AND REVIEW | ||||
| 02/22/1999 - Executive Session Held (H) | |||||
| VOTED DO PASS | |||||
| HB44 | |||||
| Next Hearing: | Hearing not scheduled | ||||
| Calendar: | Bill currently not on calendar | ||||
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| BILL SUMMARIES | BILL TEXT | FISCAL NOTES |
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HB 44 -- BUDGET STABILIZATION FUND SPONSOR: Pouche COMMITTEE ACTION: Voted "do pass" by the Committee on Governmental Organization and Review by a vote of 10 to 0. This bill increases the maximum balance allowable in the Budget Stabilization Fund from 5% to 10% of receipts to the general revenue fund. FISCAL NOTE: No impact on state funds. PROPONENTS: Supporters say that the state is experiencing a period of economic wealth and should put extra funds back for times when there may be a disaster or other problems. Testifying for the bill was Representative Pouche. OPPONENTS: There was no opposition voiced to the committee. Steve Bauer, Legislative Analyst
HB 44 -- Budget Stabilization Fund Sponsor: Pouche This bill increases the maximum balance allowable in the Budget Stabilization Fund from 5% to 10% of receipts to the general revenue fund.
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Last Updated September 30, 1999 at 1:22 pm