SB17-266
State General Fund Reserve Reduction For FY2016-17
Concerning a reduction in the amount of the general fund reserve required for the fiscal year 2016-17.
Session:
2017 Regular Session
Subjects:
Bill Summary
State Government
State Revenue & Budget
Joint Budget Committee. For the fiscal year 2016-17, the bill reduces the statutorily required general fund reserve from 6.5% to 6% of the amount appropriated for expenditure from the general fund.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)