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.