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DE HJR5

Joint Resolution

Official Source

Status

Passed

7/1/2011

Primary Sponsor

James Johnson

Click for details

Origin

House of Representatives

146th General Assembly

AI Summary

  • Establishes the official general fund revenue estimate for Fiscal Year 2011 at $3,835.8 million in gross revenue
  • Sets estimated revenue refunds at $293.1 million, resulting in net State general fund revenue of $3,542.7 million
  • Establishes estimated unencumbered funds remaining at the end of the previous fiscal year at $165.8 million
  • Fulfills constitutional requirement (Article 8, Section 6(b)) that appropriations cannot exceed 98 percent of estimated general fund revenue
  • Requires approval by majority of both houses of the General Assembly and the Governor

Legislative Description

The Official General Fund Revenue Estimate For Fiscal Year 2011

Last Action

Signed by Governor

7/1/2011

Committee Referrals

Finance6/23/2011

Full Bill Text

No bill text available