2013 House Bill 4194

Increase cap on local “rainy day” funds

Introduced in the House

Feb. 6, 2013

Introduced by Rep. Charles Brunner (D-96)

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

Sept. 19, 2013

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 3, 2013

Passed in the House 107 to 1 (details)

Received in the Senate

Oct. 8, 2013

Referred to the Committee on Local Government and Elections