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DE HJR6

Joint Resolution

Official Source

Status

Vetoed

7/5/2011

Primary Sponsor

James Johnson

Click for details

Origin

House of Representatives

146th General Assembly

AI Summary

  • Establishes official general fund revenue estimate for Fiscal Year 2012 at $3,896.2 million gross revenue
  • Sets estimated revenue refunds at $282.6 million and net State general fund revenue at $3,613.6 million
  • Estimates unencumbered funds remaining from previous fiscal year at $317.0 million
  • Fulfills constitutional requirement (Article 8, Section 6(b)) that appropriations cannot exceed 98 percent of estimated general fund revenue for a given fiscal year
  • Requires approval by majority of both houses of the General Assembly and signature by the Governor

Legislative Description

The Official General Fund Revenue Estimate For Fiscal Year 2012

Last Action

Vetoed by Governor

7/5/2011

Committee Referrals

Finance6/23/2011

Full Bill Text

No bill text available