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House Bill 1495


 

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House Bill 1495

ARCHIVE (2003)

Latest Information

 
DIGEST OF INTRODUCED BILL

Appropriations continuation. Provides that if the general assembly fails to adopt before April 30 of an odd-numbered year an appropriation act for the following two state fiscal years, the amounts appropriated for government operations for the current state fiscal year, excluding appropriations for capital expenditures, are appropriated for the next two state fiscal years. Provides that if the amounts appropriated for the current state fiscal year exceed the amount of state revenues forecast for the following two state fiscal years, the amounts appropriated must be reduced proportionately. Provides that the reduced appropriations may not exceed 99% of the forecast revenues.
Current Status:
 In Committee - first House
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