Relating to use of surplus revenues for wildfire funding; declaring an emergency; providing for revenue estimate modification that requires approval by a two-thirds majority.
The Act changes the kicker estimate to fund help against wildfire. (Flesch Readability Score: 64.9). Increases the amount of the estimate of revenues that will be received from General Fund revenue sources other than corporate income and excise taxes for the biennium beginning July 1, 2023. Requires that the difference between the amount actually collected and the amount estimated after the close of the 2023 regular session be used for funding wildfire prevention and response. Provides for the return to taxpayers of surplus revenue over the adjusted estimate amount if the constitutional threshold is exceeded. Declares an emergency, effective on passage.
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}