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H 0503 - Local Budgets/Public Enterprise Funds

Tracking Level: High
Sponsor: Carl Ford (R)
Last Action: 5/26/2017 - Re-ref Com On Finance
House Committee: SLG II
Assigned To:
Budgeting & Fiscal ControlNext Bill
UtilitiesNext Bill

Staff Analysis of the Legislation

Restricts payments from a public enterprise fund to a local government’s general fund to only expenditures for related debt service. Eliminates the authority for a local government to make payments for internal cost allocation between funds. (version 1)

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text