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Policy on General Fund Revenue Shortfall
Sponsor Statement for House Bill 143
Alaska State Legislature
Alaska State Legislature
Attachments Attachments

 
Released:
February 22, 2005
Updated:
March 7, 2005

Ginny Austerman
465-6863

"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.

# # #

 
Attachments:
 
·
Print Text Version
· Acrobat PDF Version [PDF - 1 page - 11 KB]
· Complete Bill Text for HB 143


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