House Sponsors: RIGHTER, BOST, MITCHELL,BILL, MYERS,RICHARD, O'CONNOR, KOSEL AND KLINGLER. Short description: TXPAYER REFUND-SURPLUS Synopsis of Bill as introduced: Creates the Taxpayer General Refund Act. Provides that for any fiscal year in which the revenues into the State's general funds exceed the prior year's general funds revenues by more than $750,000,000, the excess funds shall be deposited into the Taxpayer Refund Fund, a special fund created in the State treasury to refund excess revenue to the taxpayers. Provides that the Department of Revenue shall distribute refunds from the fund pro rata based on the liability reported on and paid by the taxpayer. Amends the State Finance Act to create the Fund. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status