Synopsis: | Providing that, beginning in fiscal year 2020, any appropriation that increases by operation of law is required to have its mandated level of spending increased by the lesser of the amount of the existing formula calculation or 1% less than the amount of General Fund revenue growth in a certain report submitted by the Board of Revenue Estimates; providing that the General Assembly may not enact certain legislation that creates a certain mandated level of funding except under certain circumstances; etc. |
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Analysis: | Fiscal and Policy Note |
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All Sponsors: | The Speaker (By Request - Administration) and Delegates Adams, Afzali, Anderton, Arentz, Aumann, Beitzel, Buckel, Carozza, Cassilly, Ciliberti, Clark, Cluster, Corderman, Fisher, Folden, Ghrist, Glass, Grammer, Hornberger, S. Howard, Jacobs, Kipke, Kittleman, Krebs, Long, Malone, Mautz, McComas, McConkey, McDonough, McKay, McMillan, Metzgar, Miele, Morgan, Parrott, Reilly, Rey, Rose, Saab, Shoemaker, Vogt, West, and Wivell |
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Additional Facts: | Cross-filed with: SB0293 Introduced in a prior session as: SB0303 Session: 2017 Regular Session Bill File Type: Regular Effective Date(s): June 1, 2018 By Request of the Governor |
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Committee(s): |
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Broad Subject(s): | Operating Budget State Government - General Assembly
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Narrow Subject(s): | Appropriations Budgets -see also- Capital Budgets Committees and Commissions -see also- Political Committees General Assembly -see also- AELR Cmte; Leg Policy Committee Legislation -see also- Correct Leg; Cur Leg; Emerg Bills Retirement Systems -see also- Mandatory Retirement Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
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Statutes: | |
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