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DE SJR13

Joint Resolution

Official Source

Status

Passed

7/1/2014

Primary Sponsor

Harris McDowell

Click for details

Origin

Senate

147th General Assembly

AI Summary

  • Establishes the official State general fund revenue estimate for Fiscal Year 2014 at $3,924.6 million gross revenue
  • Sets estimated revenue refunds at $359.9 million and net State general fund revenue at $3,564.7 million
  • Identifies estimated unencumbered funds remaining from the previous fiscal year at $160.4 million
  • Satisfies the State Constitution requirement (Article 8, Section 6(b)) that appropriations cannot exceed 98 percent of estimated general fund revenue plus unencumbered funds
  • Requires approval by both houses of the General Assembly and the Governor as mandated by constitutional law

Legislative Description

The Official General Fund Revenue Estimate For Fiscal Year 2014.

Last Action

Signed by Governor

7/1/2014

Full Bill Text

No bill text available