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SB21-226

Increase The General Fund Reserve

Type Bill
Session 2021 Regular Session
Subjects
State Revenue & Budget

Concerning an increase in the general fund reserve.

Bill Summary:



Under current law, the general fund reserve is equal to 2.86% of the amount appropriated for expenditure from the general fund for the fiscal years 2020-21 and 2021-22 and 7.25% of the amount appropriated for the fiscal year 2022-23 and each fiscal year thereafter. The act increases the percentage used to determine the general fund reserve as follows:

  • 13.4% for the fiscal year 2021-22; and
  • 15% for the fiscal year 2022-23 and each fiscal year thereafter.
    (Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/17/2021 Signed Act PDF
05/11/2021 Final Act PDF
05/04/2021 Rerevised PDF
05/03/2021 Revised PDF
04/09/2021 Reengrossed PDF
04/08/2021 Engrossed PDF
04/05/2021 Introduced PDF
Date Version Documents
08/23/2021 FN2 PDF
04/05/2021 FN1 PDF
Date Version Documents
04/12/2021 SA1 PDF
Activity Vote Documents
Refer Senate Bill 21-226 to the Committee of the Whole. The motion passed on a vote of 11-0. Vote summary
Activity Vote Documents
Refer Senate Bill 21-226 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
05/05/2021 House Amendments REPASS
34
AYE
0
NO
1
OTHER
Vote record
05/05/2021 House Amendments CONCUR
34
AYE
0
NO
1
OTHER
Vote record
04/09/2021 Third Reading BILL
33
AYE
0
NO
2
OTHER
Vote record
Date Calendar Motion Vote Vote Document
05/04/2021 Third Reading BILL
63
AYE
0
NO
2
OTHER
Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
05/03/2021 L.001 Second Reading Passed [**] PDF
Date Location Action
05/17/2021 Governor Governor Signed
05/11/2021 Governor Sent to the Governor
05/11/2021 House Signed by the Speaker of the House
05/10/2021 Senate Signed by the President of the Senate
05/05/2021 Senate Senate Considered House Amendments - Result was to Concur - Repass
05/04/2021 House House Third Reading Passed - No Amendments
05/03/2021 House House Second Reading Passed with Amendments - Floor
04/23/2021 House House Second Reading Laid Over to 04/30/2021 - No Amendments
04/16/2021 House House Second Reading Laid Over to 04/21/2021 - 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
05/17/2021 150 Increase The General Fund Reserve PDF