STATE FINANCE-ROAD FUND
Synopsis of Bill as introduced:
Amends the State Finance Act. Changes from $250,000,000 to
$125,000,000 the minimum balance in the Road Fund. Effective
FISCAL NOTE (Treasurer's Office)
Since the balance of GRF is projected to be greater than $125
million on June 30, 1997, this $36 million transfer would occur
causing a $36 million fiscal impact to State's GRF.
STATE MANDATES FISCAL NOTE
In the opinion of DCCA, HB 331 fails to meet the definition of
a mandate under the State Mandates Act.
BALANCED BUDGET NOTE
HB331 does not authorize, increase, decrease, or reallocate any
general funds appropriation for FY97.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status