AN ACT TO REQUIRE THE GOVERNOR TO CUT SPENDING FOR THE CURRENT FISCAL YEAR. Summarized in Daily Bulletin 2/22/11 and 3/2/11. Enacted March 25, 2011. Effective March 25, 2011.
Summary date: Mar 28 2011 - View summary
Bill S 109 (2011-2012)Summary date: Mar 2 2011 - View summary
Senate amendment makes the following changes to 1st edition. Provides that one of the ways in which the General Fund availability for 2011-12 is to be increased is by identifying and not expending funds (was, by identifying funds) in non-General Fund accounts for transfer to the General Fund on June 30, 2011.
Bill S 109 (2011-2012)Summary date: Feb 22 2011 - View summary
Requires the Governor to increase General Fund availability for 2011-12 by $537,740,799 by (1) taking all actions necessary to reduce General Fund expenditures for the remainder of the 2010-11 fiscal year, and (2) identifying funds in non-General Fund accounts for transfer to the General Fund on June 30, 2011. Provides that funds available to the Judicial and Legislative branches are not included. Effective for the 2010-11 fiscal year only.