Sec. YY-1. Maine Budget Reserve and Stabilization Fund. The Commissioner of Administrative and Financial Services shall submit legislation to the First Regular Session of the 121st Legislature to address the stabilization of the General Fund by limiting the growth of appropriations to an appropriate measure and by creating a reserve fund to offset revenue shortfalls and address other priorities including the reduction of the unfunded liability of the Maine State Retirement System as it relates to state employees and teachers.
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