2012 House Bill 5857

Increase cap on municipal “rainy day fund” balances

Introduced in the House

Sept. 11, 2012

Introduced by Rep. Charles Brunner (D-96)

To increase the amount municipalities may keep in a “rainy day fund,” from 15 percent of their general fund budget to 20 percent.

Referred to the Committee on Local, Intergovernmental, and Regional Affairs