HB1024: Revenue Shortfall Reserve; maximum percentage of net revenue; repeal limitation

Legislative Summary

A BILL to be entitled an Act to amend Part 1 of Article 4 of Chapter 12 of Title 45 of the Official Code of Georgia Annotated, relating to management of budgetary and financial affairs, so as to repeal the limitation on the maximum percentage of net revenue allowed to be held in the Revenue Shortfall Reserve; to provide for related matters; to repeal conflicting laws; and for other purposes.