Introduced
by
To increase the amount that local governments are allowed to place in a “rainy day fund,” from 15 percent to 20 percent of most recent general fund annual budget.
Referred to the Committee on Local Government
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 0 (details)
Referred to the Committee on Local Government and Municipal Finance
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 105 to 1 (details)
To increase the amount that local governments are allowed to place in a “rainy day fund,” from 15 percent to 20 percent of most recent general fund annual budget.