BUDGET STABILIZATION-REVENUES
Summary
Amends the State Finance Act. Requires that State revenues in excess of estimates published by the Bureau of the Budget must be transferred into the Budget Stabilization Fund each fiscal year. Removes (i) the authorization for the State Comptroller to direct payments from the Fund from time to time and (ii) the requirement that the Fund be repaid. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2003
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2003
Last action Jan 11, 2005
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
11
Key actions
0
Committee
3
Jan 11, 2005
House · Failed
Session Sine Die
Mar 13, 2003
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Jan 29, 2003
House · Referred to committee
Assigned to Executive Committee
Jan 23, 2003
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Jim Watson
RRepublican
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