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DE SJR3

Joint Resolution

Official Source

Status

Passed

6/30/2020

Primary Sponsor

Harris McDowell

Click for details

Origin

Senate

150th General Assembly

AI Summary

  • Establishes the official general fund revenue estimate for Delaware's Fiscal Year 2021 at $5,028.1 million in gross revenue
  • Sets estimated revenue refunds at $477.7 million and net state general fund revenue at $4,550.4 million
  • Estimates unencumbered funds remaining from the previous fiscal year at $181.1 million
  • Requires compliance with State Constitution Article 8, Section 6(b), which limits aggregate general fund appropriations to 98 percent of estimated general fund revenue
  • Authorizes the estimated revenue figures to serve as the official baseline for budgeting and appropriations decisions during Fiscal Year 2021

Legislative Description

The Official General Fund Revenue Estimate For Fiscal Year 2021.

Last Action

Signed by Governor

6/30/2020

Full Bill Text

No bill text available