FB 27, Surplus Bill

Surplus Bill

FB 27, 92nd Session

Version Info:

8-16-2012, as initially introduced: HTML PDF

Basic Information:

Primary Sponsor(s):

Murray (Corresponding)

Current Status:

Adopted by Senate

Report(s):

None

Long Title:

A BILL TO BE ENTITLED AN ACT TO DISPERSE SURPLUS FUNDS.

Summary of Purpose:

Surplus Bill

Consideration History:

8-12-2012:

Filed for introduction

First Reading
Fast Tracked by consent
Adopted by roll call vote (Adopted: 29-0-0; 4 absent)

Roll Calls:

Senate, 8-22-2012:

Online Text

(as of 8-16-2012, as initially introduced)

Finance Bill 27

A BILL TO BE ENTITLED AN ACT TO DISPERSE SURPLUS FUNDS

Short Title: Surplus Bill

Sponsors: Student Body Treasurer Murray

Signatories:

Referred to:

Version: original

First Reading: Second Reading:

WHEREAS, the surplus from the 2011-2012 fiscal year was $41,595.63; and,

WHEREAS, per statutes, at least 60% of the surplus must go to the Appropriations Committee; now therefore be it,

RESOLVED, that $24,957.38 be distributed evenly between the fall and spring disbursements of the Appropriations process; and be it further,

RESOLVED, that $16,638.25 be added to the Finance Committee coffers; and be it further,

RESOLVED, that this bill shall be effective upon enrollment.