S.Amdt. 418

SA 418. Mr. WARNER submitted an amendment intended to be proposed to
amendment SA 98 proposed by Mr. Inouye (for himself and Mr. Baucus) to
the bill H.R. 1, making supplemental appropriations for job
preservation and creation, infrastructure investment, energy efficiency
and science, assistance to the unemployed, and State and local fiscal
stabilization, for fiscal year ending September 30, 2009, and for other
purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. REQUIRING USE OF STATE EXCESS END OF YEAR GENERAL
FUND BALANCES.

A State may not receive any funding under this Act for
State fiscal year 2010 or 2011 unless the Governor of the
State prior to the beginning of that fiscal year certifies
that for such fiscal year any end of year general fund
balance, which includes budget stabilization or rainy day
funds, maintained by the State does not exceed 7 prevent of
total State general funds.
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