Introduced
by
To authorize a budget stabilization fund (“rainy day fund”) withdrawal for FY 2001-2002, of an amount be determined later.
Referred to the Committee on Appropriations
Substitute offered
To amend the bill to transfer $300 million from the budget stabilization fund (“rainy day fund”) to the school aid fund to close a projected FY 2001-2002 budget deficit.
The substitute passed by voice vote
Passed in the Senate 36 to 0 (details)
To transfer $300 million from the budget stabilization fund (“rainy day fund”) to the school aid fund to close a projected FY 2001-2002 budget deficit.
Substitute offered
To recommend modifications to language contained in the bill resulting from committee testimony and deliberation.
The substitute passed by voice vote
Substitute offered
by
To withdraw $350 million from the “rainy day fund,” and authorize the state budget director to use the money to close an expected $336 million deficit in the FY 2001-2002 school aid budget, so as to avoid any overall reductions in spending. The bill also withdraws an additional $200 million, and authorizes the budget director to use the money to close an expected $128 million general fund deficit for the FY 2000-2001 budget year, which ended on Sept. 30, 2001. Finally, the bill cuts the FY 2001-2002 budgets for the legislature and the judiciary by five-percent each, which will reduce spending by approximately $10 million.
The substitute passed by voice vote
Amendment offered
by
To require that unspent general fund appropriations be included, rather than excluded, in the calculation of how much is required to balance the FY 2000-2001 budget. By excluding the lapses, the bill allows them to be carried forward into FY 2001-2002 budget year, rather than used to balance the FY 2000-2001 budget.
The amendment failed 49 to 56 (details)
Amendment offered
by
To require the Department of Treasury to annually report to the legislature the balances, revenues, receipts, and expenditures for the immediately preceding fiscal year in each state restricted fund.
The amendment failed 50 to 56 (details)
Amendment offered
by
To reduce the amount to be taken from the "rainy day fund" to balance the FY 2000-2001 budget.
The amendment failed 49 to 56 (details)
Amendment offered
by
To authorize the transfer $100 million from the "rainy day" fund to the general fund, if required, to maintain spending levels previously adopted in the FY 2001-2002 Community Health budget for medical services.
The amendment failed 50 to 56 (details)
Passed in the House 106 to 0 (details)
To withdraw $350 million from the “rainy day fund,” and authorize the state budget director to use the money to close an expected $336 million deficit in the FY 2001-2002 school aid budget, so as to avoid any overall reductions in spending. The bill also withdraws an additional $200 million, and authorizes the budget director to use the money to close an expected $128 million general fund deficit for the FY 2000-2001 budget year, which ended on Sept. 30, 2001. Finally, the bill cuts the FY 2001-2002 budgets for the legislature and the judiciary by five-percent each, which will reduce spending by approximately $10 million.
Passed in the Senate 35 to 0 (details)
To concur with the House-passed version of the bill, which withdraws $350 million from the “rainy day fund,” and authorizes the state budget director to use the money to close an expected $336 million deficit in the FY 2001-2002 school aid budget, so as to avoid any overall reductions in spending. The House version also withdraws an additional $200 million, and authorizes the budget director to use the money to close an expected $128 million general fund deficit for the FY 2000-2001 budget year, which ended on Sept. 30, 2001. Finally, it cuts the FY 2001-2002 budgets for the legislature and the judiciary by five-percent each, which will reduce spending by approximately $10 million.
