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There are no projected reserves to be transferred to the Economic Stabilization Fund (Rainy Day Fund) in the 2026-2027 biennium because its balance also hit a record.
The Massachusetts rainy day fund has been the focus of tussles between the Governor of Massachusetts and the Massachusetts General Court. [ 3 ] [ 4 ] Section 49-g of the Texas Constitution provides for that state's fund (officially called the "Economic Stabilization Fund") and caps the amount of the fund at $28.5 billion, due to Texas' rapid ...
Up to $100 million in interest income, dividends, and investment earnings from the Economic Stabilization Fund, commonly called the “Rainy Day Fund,” will be used to finance the Texas ...
A stabilization fund is a mechanism set up by a government or central bank to insulate the domestic economy from large influxes of revenue, ...
The authority of the United States Department of the Treasury to establish and manage TARP under a newly created Office of Financial Stability became law October 3, 2008, the result of an initial proposal that ultimately was passed by Congress as H.R. 1424, enacting the Emergency Economic Stabilization Act of 2008 and several other acts.
Mar. 21—AUSTIN — The Public Utility Commission of Texas (PUCT) Thursday adopted a new rule implementing the Texas Energy Fund In-ERCOT Generation Loan Program.
Ireland Strategic Investment Fund / Future Ireland Fund: 25.2: Non-commodity Chile: Economic and Social Stabilization Fund / Pension Reserve Fund: 21: Copper Bahrain [54] Mumtalakat Holding Company: 18.6: Oil & Gas Timor-Leste [55] Timor-Leste Petroleum Fund: 17: Oil & Gas Canada: Alberta Investment Management Corporation / Alberta Heritage ...
President-elect Donald Trump is set to take office on Jan. 20. Once he takes the reins, a number of economic changes could ensue. Trump has proposed slapping tariffs on goods the U.S. imports from ...