AN ACT ADJUSTING THE BUDGET RESERVE FUND CAP AND DEPOSITING CERTAIN AMOUNTS IN A MUNICIPAL INFRASTRUCTURE RENOVATION FUND DEDICATED TO CERTAIN PURPOSES.
Sponsored By: David DeFronzo (Democratic)
Failed
Summary
That the cap on the amount in the Budget Reserve Fund be adjusted to fifteen per cent and the amount between fifteen per cent and eighteen per cent that would otherwise be deposited in said fund be deposited in a Municipal Infrastructure Renovation Fund, to be used for municipal capital expenditures and for certain one-time non-reoccurring expenditures.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
David DeFronzo
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to Joint Committee on Finance, Revenue and Bonding
1/29/2025legislature
Bill Text
Proposed Bill
1/29/2025
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