The Interim 2007 Sep
The Interim 2007 Sep
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..Please contact Sue O'Connell at (406) 444-3597 or [email protected] for more information about committee activities.
September 2007 THE INTERIM LEGISLATIVE FINANCE COMMITTEE Special session revenue "triggers" met ... During the May special session, the Legislature enacted two bills that contain fiscal policy "triggers" that are effective if FY 2007 general fund revenue collections exceed certain amounts.
The revenue triggers are contained in HB 2, the general appropriations act, and HB 9, whic...h provided for a $400 property tax rebate and a refundable income tax credit.
HB 2 appropriates up to $30 million to the Office of Public Instruction for distribution to schools for capital investment and deferred maintenance payments. The appropriation is contingent upon FY 2007 general fund revenue exceeding $1,762,355,000. The Department of Administration has certified that the total general fund revenue in FY 2007 was $1,838,053,331. Therefore, the maximum amount of $30 million is appropriated to the Office of Public Instruction for distribution to public schools.
What to read after The Interim 2007 Sep?
You can find similar books in the "Read Also" column, or choose other free books by Montana.Legislature.Legislative Council to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
..Please contact Sue O'Connell at (406) 444-3597 or [email protected] for more information about committee activities.
September 2007 THE INTERIM LEGISLATIVE FINANCE COMMITTEE Special session revenue "triggers" met ... During the May special session, the Legislature enacted two bills that contain fiscal policy "triggers" that are effective if FY 2007 general fund revenue collections exceed certain amounts.
The revenue triggers are contained in HB 2, the general appropriations act, and HB 9, whic...h provided for a $400 property tax rebate and a refundable income tax credit.
HB 2 appropriates up to $30 million to the Office of Public Instruction for distribution to schools for capital investment and deferred maintenance payments. The appropriation is contingent upon FY 2007 general fund revenue exceeding $1,762,355,000. The Department of Administration has certified that the total general fund revenue in FY 2007 was $1,838,053,331. Therefore, the maximum amount of $30 million is appropriated to the Office of Public Instruction for distribution to public schools.
What to read after The Interim 2007 Sep?
You can find similar books in the "Read Also" column, or choose other free books by Montana.Legislature.Legislative Council to read onlineMoreLess
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