"An Act relating to the policy of the state regarding the source of funding used to cover a shortfall in general fund revenue. "
House Bill 143 establishes a policy that the Legislature will appropriate equal amounts from the Constitutional Budget Reserve (CBR) and the Earnings Reserve Account (ERA) prior to the enactment of any new tax, unless a new tax is enacted by initiative, when there is a need for additional revenue to pay for any gap between the state's revenue and expense.
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