SB380 - Requires the state treasurer to transfer the balance in any fund in excess of 200% of the previous fiscal year's expenditures into the state general revenue fund

SB 380

Requires the state treasurer to transfer the balance in any fund in excess of 200% of the previous fiscal year's expenditures into the state general revenue fund

Sponsor:

Green

LR Number:

1846S,01I

Committee:

Ways and Means and Fiscal Oversight

Last Action:

3/3/2011 - Second Read and Referred S Ways and Means and Fiscal Oversight Committee

Journal Page:

S392

Title:

Calendar Position:

Effective Date:

August 28, 2011

Current Bill Summary

SB 380 - This act requires the state treasurer to transfer the balance in any fund in excess of 200% of the previous fiscal year's expenditures into the state general revenue fund. The provisions of this act apply to any state fund or administratively created fund, with certain exceptions described in the act.

JIM ERTLE

Amendments