Final | ||
BILL: | HB06-1395 | |
TIME: | 12:11:01 PM | |
MOVED: | Cloer | |
MOTION: | Moved a substitute motion to adopt amendment L.008. The amendment provides for the funding sources for the Budget Stabilization Fund in House Bill 06-1050 beginning FY 2006-07. The three primary funding sources are: from the General Fund, for FY 2006-07, an appropriation in the amount of any difference between the 6 percent limit and the amount of General Fund appropriations actually made, for each subsequent year, $5 million; plus, 10 percent of the amount of any General Fund surplus that is credited to the Highway Users Tax Fund and the Capital Construction Fund (2/3, 1/3 diversion); plus, from the tobacco litigation settlement moneys, $10 million per year unless the state does a full or partial tobacco securitization, in which case the first $150 million of net proceeds. The substitute motion to adopt amendment L.008 passed without objection by those members present. | |
SECONDED: | McCluskey | |
VOTE | ||
Benefield | ||
Cloer | ||
Crane | ||
Frangas | ||
Garcia | ||
Harvey | ||
Jahn | ||
Kerr | ||
Marshall | ||
Massey | ||
McCluskey | ||
Judd | ||
Vigil | ||
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |