2008 Session

Budget Amendments - SB29 (Member Request)

Chief Patron: Norment
Eliminate withdrawal from Rainy Day Fund (language only)

Item 260.1 #1s

Item 260.1 #1s

Accounts Transfer Payments, Department of

Page 102, stike lines 41 through 54.
page 103, strike lines 1 through 6.

(This amendment eliminates the authority to withdraw funds from the Revenue Stabilization Fund in Fiscal Year 2008. This action will result in a negative GF revenue adjustment of $261.1 million, partially offset by a refund of $54.9 million in interest earnings that would be above the Constitutional Fund cap. A companion amendment is drawn to the revenue page.)