SJR 37 – Requires the state treasurer to provide an estimate of available state revenues each fiscal year

• Sponsor: Graham
• LR Number: 3848S.01I
• Committee: Governmental Accountability & Fiscal Oversight
• Last Action: 1/16/2008 - Second Read and Referred S Governmental Accountability & Fiscal Oversight Committee
• Journal Page: S106
• Effective Date: Upon voter approval

Current Bill Summary

SJR 37 - This proposed constitutional amendment, if approved by the voters, requires the state treasurer, by November 1st of each year, to complete and deliver to the governor and the General Assembly an estimate of available state revenues for the next fiscal year beginning on July 1st. The estimate shall be used by the Governor and the General Assembly as the primary source of estimated revenues in their deliberations on the disbursement of state funds for the next fiscal year. The State Treasurer can provide updates to the estimate until March 15th.

This SJR is identical to SJR 7 (2007) and SJR 36 (2006).

JIM ERTLE