SB 208 - This act requires the State Treasurer to deposit all moneys received under any state fund or administratively created fund into the state general revenue fund if the state's general revenue did not increase by two percent or more over the past fiscal year. If state revenues do increase by more than two percent, the state treasurer shall deposit such moneys into the statutorily or administratively created fund. The provisions of this act shall not apply to any fund created by the constitution, funds for the payment of interest and principal for any bonded indebtedness, funds that receive constitutionally created taxes and fees, and funds created in order to receive and disburse federal funds.
This act contains an emergency clause.
This act is similar to SB 917 (2006).
JIM ERTLE