Text: SF00007 Text: SF00009 Text: SF00000 - SF00099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 8.54, subsections 7 and 8, Code 2001,
1 2 are amended by striking the subsections and inserting in lieu
1 3 thereof the following:
1 4 7. The governor shall transmit to the general assembly, in
1 5 accordance with section 8.21, a budget which does not exceed
1 6 the state general fund expenditure limitation. The general
1 7 assembly shall pass a budget which does not exceed the state
1 8 general fund expenditure limitation. The governor shall not
1 9 transmit a budget with recommended appropriations in excess of
1 10 the state general fund expenditure limitation and the general
1 11 assembly shall not pass a budget with appropriations in excess
1 12 of the state general fund expenditure limitation. In
1 13 complying with the requirements of this subsection, the
1 14 governor and the general assembly shall not rely on any
1 15 anticipated reversion of appropriations or other funds in
1 16 order to meet the state general fund expenditure limitation.
1 17 EXPLANATION
1 18 This bill amends Code section 8.54, relating to the budget
1 19 transmission and passage provision of the state general fund
1 20 expenditure limitation.
1 21 The bill strikes and rewrites two subsections. In doing
1 22 so, the bill eliminates a requirement that the governor in
1 23 submitting a budget under Code section 8.21, and the general
1 24 assembly in passing a budget, not have recurring expenditures
1 25 in excess of recurring revenues. Rather the bill requires
1 26 that the budgets transmitted by the governor and passed by the
1 27 general assembly do not exceed the state general fund
1 28 expenditure limitation.
1 29 The bill also prohibits the governor from transmitting a
1 30 budget with recommended appropriations in excess of the state
1 31 general fund expenditure limitation and the general assembly
1 32 from passing a budget with appropriations in excess of the
1 33 limitation. The bill provides, in applying the expenditure
1 34 limitation requirements, that the governor and the general
1 35 assembly shall not rely on any anticipated reversion of
2 1 appropriations or other funds in order to meet the expenditure
2 2 limitation.
2 3 LSB 1510XS 79
2 4 jp/pj/5
Text: SF00007 Text: SF00009 Text: SF00000 - SF00099 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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