REVISED
STATEMENT OF PURPOSE
RS27920 / H0623
This legislation brings back the “surplus eliminator” mechanism for directing end-of-year surplus funds to the
budget stabilization fund (50%) and the highway distribution account (50%).
FISCAL NOTE
The surplus eliminator will vary from year to year but between 2015 and 2018 it ranged between $12.8 million
and $120.6 million. These amounts will be divided equally between the Budget Stabilization Fund and the
Highway Distribution Account and impact the General Fund by reducing the bottom line.
Contact:
Representataive Clark Kauffman
(208) 332-1182
Senator Bert Brackett
(208) 332-1336
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN REVISED: 03/10/2020, 2:30 PM


Statutes affected:
Bill Text: 57-814, 40-701