Amends existing law to increase the percentage of General Fund receipts that may be in the Budget Stabilization Fund; repeals the authorization of the Economic Recovery Reserve Fund; transfers the remaining balance from the Economic Recovery Reserve Fund to the Budget Stabilization Fund; and transfers $20,000,000 from the General Fund to the Budget Stabilization Fund.
APPROPRIATIONS -- BUDGET STABILIZATION FUND -- Amends existing law to increase the percentage of General Fund receipts that may be in the Budget Stabilization Fund; repeals the authorization of the Economic Recovery Reserve Fund; transfers the remaining balance from the Economic Recovery Reserve Fund to the Budget Stabilization Fund; and transfers $20,000,000 from the General Fund to the Budget Stabilization Fund.
STATEMENT OF PURPOSE
Amends existing law to increase the percentage of General Fund receipts that may be in the Budget Stabilization Fund; repeals the authorization of the Economic Recovery Reserve Fund; transfers the remaining balance from the Economic Recovery Reserve Fund to the Budget Stabilization Fund; and transfers $20,000,000 from the General Fund to the Budget Stabilization Fund. was introduced in the 2020 Idaho Legislative Session. View the full bill text on the Idaho Legislature website.
LATEST ACTION
U.C. to be returned to Appropriations Committee
BILL INFO
- Session
- 2020
- Chamber
- house
- Status date
- Jan 28, 2020
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