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SB21-220

Reverse Transfers From Severance Tax Operational Fund

Type Bill
Session 2021 Regular Session
Subjects
Natural Resources & Environment State Revenue & Budget

Concerning the stabilization of revenue in the severance tax operational fund by returning money that was transferred to natural resources and energy grant programs.

Bill Summary:



To avoid a fund deficit in the severance tax operational fund, the act reverses 5 transfers made from the fund to other cash funds after the fiscal year 2019-20. Specifically, the state treasurer is required to transfer the following amounts to the fund:

  • $1,998,205 from the species conservation trust fund;
  • $1,600,964 from the parks and wildlife aquatic nuisance species fund;
  • $219,803 from the water efficiency grant program cash fund;
  • $297,759 from the interbasin compact committee operation fund; and
  • $3,996,410 from the water supply reserve fund.
    (Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
04/30/2021 Signed Act PDF
04/21/2021 Final Act PDF
04/19/2021 Rerevised PDF
04/15/2021 Revised PDF
04/09/2021 Reengrossed PDF
04/08/2021 Engrossed PDF
04/05/2021 Introduced PDF
Date Version Documents
09/27/2021 FN2 PDF
04/05/2021 FN1 PDF
Date Version Documents
04/12/2021 SA1 PDF
Activity Vote Documents
Refer Senate Bill 21-220 to the Committee of the Whole. The motion passed on a vote of 11-0. Vote summary
Activity Vote Documents
Refer Senate Bill 21-220 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. Vote summary
Date Calendar Motion Vote Vote Document
04/19/2021 Third Reading BILL
63
AYE
0
NO
1
OTHER
Vote record
Date Calendar Motion Vote Vote Document
04/09/2021 Third Reading BILL
33
AYE
0
NO
2
OTHER
Vote record
Date Location Action
04/30/2021 Governor Governor Signed
04/22/2021 Governor Sent to the Governor
04/21/2021 House Signed by the Speaker of the House
04/21/2021 Senate Signed by the President of the Senate
04/19/2021 House House Third Reading Passed - No Amendments
04/16/2021 House House Third Reading Laid Over Daily - No Amendments
04/15/2021 House House Second Reading Special Order - Passed - No Amendments
04/14/2021 House House Second Reading Laid Over Daily - No Amendments
04/13/2021 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
04/09/2021 House Introduced In House - Assigned to Appropriations
04/09/2021 Senate Senate Third Reading Passed - No Amendments
04/08/2021 Senate Senate Second Reading Passed - No Amendments
04/06/2021 Senate Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/05/2021 Senate Introduced In Senate - Assigned to Appropriations
Effective Date Chapter # Title Documents
04/30/2021 81 Reverse Transfers From Sev Tax Operational Fund PDF