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Comm Summary11:46 AM01:22 PMFinal
Bill Summary Final
Moved amendment L.001. (During the March 8, 2006, committee meeting, Representative Gardner explained that the resolution would use General Fund revenue retained by the state under Referendum C in excess of the amount estimated to be retained in the Blue Book during state fiscal years 2005-06 through 2009-10 as a funding source. Amendment L.001 removes this initial funding mechanism in the resolution. The motion passed without objection by those members present. (The following motion to reconsider amendment L.001 was made after the drafter pointed out that subsequent amendments discussed by the committee would be a settled question.) Final
Moved to reconsider amendment L.001. The motion passed on a 12-0-1 (see above note). Final
Moved a substitute motion to adopt amendment L.004. The amendment would allow the General Assembly to access the rainy day fund with a 2/3 majority vote of each chamber and a majority vote if revenues are insufficient to meet the 6 percent General Fund appropriations limit. The motion passed on a 11-1-1 vote after the following amendment to amendment L.004 failed. Final
Moved to amend amendment L.004 by lowering the appropriations limit trigger from 6 to 5 percent. Thus, if revenues were to allow appropriations to only grow by 5 percent rather than 6 percent, the General Assembly could access revenue in the rainy day fund by a majority vote. The motion failed on a 7-5-1 vote. Final
FINAL VOTE - Refer House Concurrent Resolution 06-1002, as amended, to the Committee of the Whole. The motion passed on a 10-2-1 vote. Final