CACR 40 (1998): relating to imposing limitations on state government spending. Providing that the legislative and executive budgets cannot be more than 98 percent of the previous year's revenues, with the remainder being placed into a stabilization fund.

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MLA
“CACR 40 (1998): relating to imposing limitations on state government spending. Providing that the legislative and executive budgets cannot be more than 98 percent of the previous year's revenues, with the remainder being placed into a stabilization fund.” Granite Record, https://graniterecord.org/bill/1998/cacr40. Accessed 24 Oct. 2026.
APA
Granite Record. (n.d.). CACR 40 (1998): relating to imposing limitations on state government spending. Providing that the legislative and executive budgets cannot be more than 98 percent of the previous year's revenues, with the remainder being placed into a stabilization fund. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1998/cacr40
Chicago
Granite Record. “CACR 40 (1998): relating to imposing limitations on state government spending. Providing that the legislative and executive budgets cannot be more than 98 percent of the previous year's revenues, with the remainder being placed into a stabilization fund.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1998/cacr40.
BibTeX
@misc{bill-1998-cacr40, title = {CACR 40 (1998): relating to imposing limitations on state government spending. Providing that the legislative and executive budgets cannot be more than 98 percent of the previous year's revenues, with the remainder being placed into a stabilization fund.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1998/cacr40}, note = {Accessed 24 Oct. 2026} }

CACR 40 (1998)

relating to imposing limitations on state government spending. Providing that the legislative and executive budgets cannot be more than 98 percent of the previous year's revenues, with the remainder being placed into a stabilization fund.

  • Status: Killed
  • Term: 1997-1998
  • House committee: Finance
  • Subject: Miscellaneous

The Story

It was introduced on January 7, 1998 and referred to the House Finance committee. The committee held a public hearing on February 5, 1998. The majority of the committee recommended that the House kill it by a vote of 17–5. On March 5, 1998 the House voted to kill it on a voice vote.

Sponsors

  • Rep. M. Brown (Merr 10) (prime sponsor)
  • Rep. F. Riley (Hills 44)
  • Rep. Leber (Merr 1)
  • Rep. Weyler (Rock 18)

Hearings and Sessions

  • February 5, 1998, 1:30 PM: hearing, House Finance, RMS210-211,LOB

Votes

  • March 5, 1998, House: Inexpedient to Legislate — voice vote, passed

The Docket

  • January 7, 1998: INTRODUCED AND REF TO FINANCE; HJ3,P117
  • February 5, 1998: HEARING FEB05 1:30 RMS210-211,LOB FOR: FINANCE
  • February 19, 1998: MAJ REPORT ITL FOR MAR05 (VOTE 17-5)
  • March 5, 1998: ITL REPORT ADOPTED VV; HJ21,P1153

Laws It Would Change

From the General Court