2015 House Bill 4798

Increase cap on local “rainy day” funds

Introduced in the House

Aug. 18, 2015

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 and Municipal Finance