| Synopsis: | Requiring a certain report of the Board of Revenue Estimates to include year-over-year estimates of General Fund revenue growth for certain fiscal years; authorizing the Governor, if the estimated year-over-year General Fund revenue growth for the following fiscal year is less than 3%, to reduce an appropriation that is required to be included in the budget bill for the next fiscal year by up to 1% of the mandated amount; etc. |
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| Analysis: | Fiscal and Policy Note |
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| All Sponsors: | Senators Waugh, Bates, Edwards, Hough, Norman, Reilly, Salling, and Serafini |
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| Additional Facts: | Cross-filed with: HB1339
Bill File Type: Regular
Effective Date(s): June 1, 2018 |
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| Committee(s): |
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| Broad Subject(s): | Operating Budget
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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
Governor
Legislation -see also- Correct Leg; Cur Leg; Emerg Bills
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
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| Statutes: | Article - State Finance and Procurement
(6-106, 7-108) |
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