A03537Introduced in the Assembly
Enacts the rainy day act; moves funds from the tax stabilization fund to the rainy day reserve fund; increases the maximum balance; requires certain deposits; prohibits establishment of funds except by statute.
Introduced by Jenifer Rajkumar, District 38
What does this bill do?
Plain-English breakdown
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Official description
Enacts the rainy day act; moves funds from the tax stabilization fund to the rainy day reserve fund; increases the maximum balance; requires certain deposits; prohibits establishment of funds except by statute.
Where it stands
referred to ways and means
January 7, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
referred to ways and means
referred to ways and means
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