2022 Special Session I

Budget Amendments - HB29 (Conference Report)

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Eliminate Optional Revenue Reserve Deposit

Item 275 #1c

Item 275 #1c

First Year - FY2021 Second Year - FY2022
Department of Accounts Transfer Payments FY2021 $0 FY2022 ($563,866,783) GF

Page 101, line 8, strike "$1,213,866,783" and insert "$650,000,000".

Page 101, line 15, unstrike "$650,000,000" and strike "$1,213,866,783".


(This amendment eliminates the optional revenue reserve deposit that was proposed in the introduced budget. A companion amendment sets aside $498.7 million to reflect the estimated Rainy Day Fund deposit that will be required in fiscal year 2024 based on the fiscal year 2022 revenue forecast.)