AR SB101

Amends the Revenue Stabilization Law and creates the "EBD or Contingency 3/5 Vote Set Aside" sub-fund within the Restricted Reserve Fund, transferring balances from the Executive/Legislative 3/5 Vote Set Aside into it by July 1, 2024.

Establishes the "Majority Vote Various Improvements and Projects Set-Aside" sub-fund and transfers $150,000,000 from the General Revenue Allotment Reserve Fund to it, requiring only majority vote approval instead of three-fifths vote for disbursements.

Transfers all unobligated funds remaining in the Majority Vote Set-Aside to the General Revenue Allotment Reserve Fund on July 1, 2023.

Updates maximum revenue allocations for fiscal year 2022-2023 and thereafter across multiple state funds and institutions, totaling $5,685,743,285 in Allocation A and $338,586,190 in Allocation B.

Repeals conflicting provisions of Acts 2021, No. 1058 regarding surplus fund transfers to the Catastrophic Reserve Fund, with emergency provisions making relevant sections effective immediately upon Governor approval.