MO SJR50

Establishes a "Budget Reserve Fund" in the state treasury by consolidating the cash operating reserve fund and budget stabilization fund.

Allows the commissioner of administration to transfer amounts from the budget reserve fund to other state funds without legislative action if necessary for cash requirements, with repayment required by May 16 of that fiscal year.

Changes the repayment period for budget stabilization withdrawals from three years to five years, with one-fifth of the amount repaid annually after the first fiscal year following the transfer.

Maintains fund balance thresholds requiring transfers to general revenue if the balance exceeds 7.5 percent of net general revenue collections (or mandatory transfer if it exceeds 10 percent), and requiring transfers from general revenue if the balance falls below 7.5 percent.

Limits budget stabilization appropriations to one-half of the sum of the fund balance plus amounts owed to the fund, less amounts already owed for budget stabilization repayment.