90th General Assembly
Summary of HB0331
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House Sponsors:
GASH-SCHOENBERG-BROSNAHAN-SCULLY-MCCARTHY.

Short description: 
STATE FINANCE-ROAD FUND                                                    

Synopsis of Bill as introduced:
        Amends the State  Finance  Act.   Changes  from  $250,000,000  to      
   $125,000,000   the  minimum  balance  in  the  Road  Fund.   Effective      
   immediately.                                                                
          FISCAL NOTE (Treasurer's Office)                                     
          Since the balance of GRF is projected to be greater than $125        
          million on June 30, 1997, this $36 million transfer would occur      
          causing a $36 million fiscal impact to State's GRF.                  
          STATE MANDATES FISCAL NOTE                                           
          In the opinion of DCCA, HB 331 fails to meet the definition of       
          a mandate under the State Mandates Act.                              
          BALANCED BUDGET NOTE                                                 
          HB331 does not authorize, increase, decrease, or reallocate any      
          general funds appropriation for FY97.                                
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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