90th General Assembly
Summary of SB0863
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Senate Sponsors:
TROTTER.

Short description: 
RESPONSIBLE GOVERNMENT ACT                                                 

Synopsis of Bill as introduced:
        Creates the Responsible  Government  Act.  Provides  that  5%  of      
   specified  State  tax revenues shall be deposited into the Responsible      
   Government Fund.  Provides that moneys in the Fund may be  transferred      
   to  the  General  Revenue Fund if there is a revenue shortfall meeting      
   certain criteria, or if the Fund exceeds a specified size.  Sets forth      
   duties  of  the  Comptroller,  Treasurer,  and  General  Assembly   in      
   accomplishing  the  purposes  of  the  Act.  Applies  to  FY98 and all      
   subsequent fiscal years.  Effective immediately.                            
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status