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DE SJR14

Joint Resolution

Official Source

Status

Passed

7/1/2016

Primary Sponsor

Harris McDowell

Click for details

Origin

Senate

148th General Assembly

AI Summary

  • Establishes the official general fund revenue estimate for Fiscal Year 2016 at $4,352.1 million gross revenue
  • Sets estimated revenue refunds at $399.5 million and net State general fund revenue at $3,952.6 million
  • Identifies estimated unencumbered funds at $123.1 million for fiscal year 2016
  • Fulfills constitutional requirement under Article 8, Section 6(b) that appropriations not 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 2016.

Last Action

Signed by Governor

7/1/2016

Full Bill Text

No bill text available