ATLANTA (January 30, 2009) – Senate Majority Leader Chip Rogers today introduced Senate Resolution 1, The Taxpayer Protection Amendment, which would limit the spending of any future budget surpluses. The measure requires any budget surplus first go to fund increases in student enrollment and then be placed into the state reserve fund. If the state reserve fund were to reach 10% of the previous year budget, surplus funds would then go to pay off state debt or be returned to the taxpayers.
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