FY03 EMERGENCY BUDGET House SponsorsRep. Tom Cross-Mark H. Beaubien, Jr.-Rosemary Mulligan-Terry R. Parke-Bob Biggins, Patricia Reid Lindner and Ed Sullivan, Jr. 1/11/2005HouseSession Sine Die New Act Creates the Emergency Budget Act of Fiscal Year 2003. Provides that the Governor may designate as contingency reserves an amount no greater than 5% of the total appropriations made from the General Revenue Fund to each executive State agency that is directly responsible to the Governor. Also, authorizes contingency reserves of appropriations to the State Board of Education (except those for general State aid) and to those receiving funding for higher education purposes. Provides that appropriated amounts designated as a contingency reserve may not be obligated, encumbered, or expended. Provides that any periodic transfers or expenditures that are based upon amounts appropriated must be reduced to accommodate a contingency reserve and that any necessary proration of periodic payments from the General Revenue Fund shall be distributed equally among the remaining payments for the fiscal year. Makes these provisions applicable only to appropriations for State fiscal year 2003. Effective immediately. 2/20/2003HouseFiled with the Clerk by Rep. Tom Cross 2/20/2003HouseChief Co-Sponsor Rep. Mark H. Beaubien, Jr. 2/20/2003HouseFirst Reading 2/20/2003HouseReferred to Rules Committee 2/26/2003HouseAssigned to State Government Administration Committee 2/26/2003HouseAdded Co-Sponsor Rep. Patricia Reid Lindner 2/26/2003HouseAdded Chief Co-Sponsor Rep. Rosemary Mulligan 2/26/2003HouseAdded Chief Co-Sponsor Rep. Terry R. Parke 2/26/2003HouseAdded Chief Co-Sponsor Rep. Bob Biggins 3/12/2003HouseAdded Co-Sponsor Rep. Ed Sullivan, Jr. 3/13/2003HouseDo Pass / Short Debate State Government Administration Committee; 010-000-000 3/13/2003HousePlaced on Calendar 2nd Reading - Short Debate 4/4/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die