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Legislative Year: 2021 Change
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Bill Detail: SB21-226

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Title Increase The General Fund Reserve
Status Senate Considered House Amendments - Result was to Concur - Repass (05/05/2021)
Bill Subjects
  • State Revenue & Budget
House Sponsors J. McCluskie (D)
Senate Sponsors D. Moreno (D)
House Committee Appropriations
Senate Committee Appropriations
Date Introduced 04/05/2021
Summary

Joint Budget Committee. 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 bill increases the percentage used to determine
the general fund reserve as follows:
  • 13.53% for the fiscal year 2021-22; and
  • 15% for the fiscal year 2022-23 and each fiscal year

thereafter.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (04/05/2021) (most recent)  
Additional Bill Documents Bill Documents
Including:
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
 
Lobbyists Lobbyists
Audio [This feature is available by subscription.]  
Votes House and Senate Votes
Vote Totals Vote Totals by Party
 
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