2011 Senate Bill 62

Hold unspent appropriation in “rainy day” fund rather than general fund

Introduced in the Senate

Jan. 25, 2011

Introduced by Sen. Tonya Schuitmaker (R-20)

To establish that any unspent appropriations at the close of a fiscal year shall be deposited in the state “rainy day” fund, rather than the state general fund. Note: Money in this fund may be appropriated for any purpose with a simple majority vote of the legislature.

Referred to the Committee on Appropriations