2017 Session

Budget Amendments - SB900 (Floor Approved)

Revenue Cash Reserve

Item 478.30 #1s

Item 478.30 #1s

First Year - FY2017 Second Year - FY2018
Central Appropriations
Appropriated Revenue Reserve FY2017 $0 FY2018 $40,000,000 GF

Page 475, after line 33, insert:

"478.30 Revenue Cash Reserve$0$40,000,000
Fund Sources:  General $0 $40,000,000 "

Page 475, after line 33, insert:

"There is hereby appropriated in this item the amount of $40,000,000 from the general fund the second year to establish a Revenue Cash Reserve.  Additions to the Reserve may be made under the conditions set out in Item 3-5.20, which also specifies the uses for funds held in the Reserve. "


(This amendment establishes a Revenue Cash Reserve from one-time resources. A companion amendment to Item 3-5.20 directs how the funds may be used, and how additional revenues may be added to the fund.)