A7530 — Establishes a spending cap and increases the maximum capacity of the rainy day fund

A7530 — Establishes a spending cap and increases the maximum capacity of the rainy day fund · Informed CitizenryThis bill amends the state finance law to establish an 'Annual Spending Growth Cap' for state operating funds spending. The cap is defined as the average inflation rate from the three calendar year…Open in Informed Citizenry