SJR 27
Amends the Constitution to create a Revenue Stabilization Fund
Sponsor:
LR Number:
2612S.01I
Committee:
Last Action:
2/24/2004 - Hearing Conducted S Ways & Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2004

Current Bill Summary

SJR 27 - 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 resolution is identical to SJR 14 (2003).

JEFF CRAVER

Amendments

No Amendments Found.