2003 Senate Bill 173

Introduced in the Senate

Feb. 11, 2003

Introduced by Sen. Shirley Johnson (R-13)

To require that at the close of each fiscal year, any money from appropriations out of the general fund which has not been spent or committed (the “unencumbered balance”) must be transferred to the budget stabilization fund (“rainy day fund”).

Referred to the Committee on Appropriations