House
Joint
Resolution
2
H-1149
Amend
House
Joint
Resolution
2
as
follows:
1
1.
By
striking
page
2,
line
28,
through
page
3,
2
line
1,
and
inserting:
3
<
6.
a.
(1)
If
there
is
a
surplus
existing
at
4
the
end
of
a
fiscal
year
which
exceeds
ten
percent
of
5
the
adjusted
revenue
estimate
of
that
fiscal
year
and
6
the
actual
net
revenue
for
the
general
fund
exceeds
7
the
adjusted
revenue
estimate
for
that
fiscal
year,
8
a
portion
of
such
surplus
shall
be
transferred
to
a
9
taxpayers
trust
fund.
The
maximum
amount
subject
10
to
transfer
to
the
taxpayers
trust
fund
shall
be
11
established
by
statute
enacted
for
this
purpose
and
12
shall
not
be
less
than
one
percent
of
the
adjusted
13
revenue
estimate
for
the
fiscal
year
in
which
the
14
surplus
exists.
Except
for
temporary
cash
flow
15
purposes,
moneys
in
the
taxpayers
trust
fund
shall
only
16
be
used
in
accordance
with
appropriations
or
transfers
17
made
by
the
general
assembly
for
purposes
of
providing
18
tax
relief.
19
(2)
After
taking
into
account
any
transfer
made
20
pursuant
to
subparagraph
(1),
the
remaining
surplus
21
at
the
end
of
a
fiscal
year
which
exceeds
ten
percent
22
of
the
adjusted
revenue
estimate
of
the
following
23
fiscal
year
shall
be
transferred
to
a
postsecondary
24
education
scholarship
fund.
Except
for
temporary
cash
25
flow
purposes,
moneys
in
the
scholarship
fund
shall
26
only
be
used
in
accordance
with
appropriations
made
for
27
purposes
of
assisting
with
the
costs
of
postsecondary
28
education.
>
29
______________________________
WINCKLER
of
Scott
-1-
HJR2.929
(1)
85
jp/sc
1/
1
#1.