Staff Analysis of the Legislation
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This proposed constitutional amendment authorizes the General Assembly to establish, by statute, true and dedicated trust funds whereby fees collected for a specific purpose (e.g. Hazardous Waste Trust Fund, Solid Waste Trust Fund, Joshua's Law, etc.) must actually go to that purpose rather than be redirected to the state's General fund. Said fees would sunset within 10 years of their establishment, unless reauthorized; would require a 2/3rds majority of both the House and Senate to pass; could be redirected in a Governor's declared financial emergency; and could be redirected with a majority vote of both the House and Senate. |
