Bill Title: As enacted, requires the governor to include an allocation to the reserve for revenue fluctuations equal to an amount sufficient to maintain the reserve at 8 percent, instead of 5 or 10 percent, of estimated state tax revenues allocated to the general fund and the education trust fund, or at 8 percent of the estimated growth in state tax revenues to such funds, whichever amount is lesser. - Amends TCA Title 9.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2013-04-29 - Pub. Ch. 175 [SB0994 Detail]

Text: Latest bill text (Draft #1) [PDF]

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