Fiscal Summary of the 2001 Legislative Session

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A strong economy, fueled by I-15 reconstruction work, preparations for the 2002 Winter Olympics, and large capital gains tax receipts from the stock market provided the backdrop for budget decisions and legislation during the 2001 legislative session. State revenues were so strong that supplemental appropriations to the current fiscal year (FY 2001, ending June 30) received almost as much attention by legislators as did budget deliberations for the coming FY 2002 budget.

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