HB 1467 Automatic reduction in general fund appropriations by Governor.
Harry R. Purkey | all patrons    ...    notes
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Summary as introduced:
Automatic reduction in general fund appropriations by Governor. Whenever general fund revenue collections for a period of 6 months or more show that year-to-date revenue growth is in excess of 1 percent below the official estimate upon which the appropriation act is based for such fiscal year, the Governor shall institute an across-the-board percentage reduction in general fund appropriations to all executive branch agencies, which shall equal at least one-half of the revenue shortfall. Such action shall be communicated to the chairmen of the money committees within 5 days of its adoption.

Full text:
01/08/03  House: Presented & ordered printed, prefiled 12/04/02 034030896  pdf | impact statement

Status:
01/08/03  House: Presented & ordered printed, prefiled 12/04/02 034030896
01/08/03  House: Referred to Committee on Appropriations
01/29/03  House: Tabled in Appropriations (25-Y 0-N)