JOINT RESOLUTION · 2007–08 SESSION

HJR 4207: Budget stabilization fund

Amending the state Constitution to include the budget stabilization fund.

Summary

  • Establishes a Budget Stabilization Fund, into which three percent of general state revenues is deposited annually.
  • Authorizes the Legislature to appropriate from the Budget Stabilization Fund with a majority vote if forecasted revenue growth is less than one percent, after certain adjustments, or with a three-fifths vote upon a gubernatorial declaration of emergency.

From the House Bill Analysis 2007 (HJR 4207), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 19, 2007
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Sent to voters
Prime sponsor
Glenn Anderson (R-5)
Introduced
January 19, 2007 in the House
Last action
January 14, 2008

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Appropriations.

HJR 4207 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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