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SB 1091 - Increases State Rainy-Day Fund by 10 Percent - Arizona Key Vote

Stage Details

Title: Increases State Rainy-Day Fund by 10 Percent

See How Your Politicians Voted

Title: Increases State Rainy-Day Fund by 10 Percent

Vote Smart's Synopsis:

Vote to pass a bill that increases the cap on the state rainy-day fund by 10 percent.

Highlights:

 

  • Specifies that at the end of a fiscal year, the rainy-day fund balance shall not exceed 10 percent of the state general fund revenue (Sec. 1).

  • Requires that any surplus above 10 percent will be transferred into the state general fund (Sec. 1).

See How Your Politicians Voted

Title: Increases State Rainy-Day Fund by 10 Percent

Vote Smart's Synopsis:

Vote to pass a bill that increases the cap on the state rainy-day fund by 10 percent.

Highlights:

 

  • Specifies that at the end of a fiscal year, the rainy-day fund balance shall not exceed 10 percent of the state general fund revenue (Sec. 1).

  • Requires that any surplus above 10 percent will be transferred into the state general fund (Sec. 1).

Title: Increases State Rainy-Day Fund by 10 Percent

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