Repeals provision authorizing late approval of certain capital outlay budget requests. (8/15/10) (2/3 -CA7s11(C)) (EG NO IMPACT GF EX See Note)
Impact
The repeal of this provision is expected to streamline the budget approval process, thereby potentially reducing the complexity and volume of late submissions for funding. Proponents of the bill may argue that it enhances accountability and planning within state financial management. However, eliminating the possibility for late approvals may hinder projects that rely on timely funding decisions, especially for non-state entities that could be looking to the government for financial assistance for development or emergency projects.
Summary
Senate Bill 337 seeks to repeal a provision that currently allows the Joint Legislative Committee on Capital Outlay to approve certain capital outlay budget requests from non-state entities after the established deadline of November 1st. The bill signifies a shift towards stricter adherence to timelines for budget requests, ensuring that any submissions for funding after the deadline will no longer be considered, except under specific emergency circumstances as previously outlined. The effective date for this repeal is set to be August 15, 2010.
Sentiment
The sentiment surrounding SB 337 appears to be mixed. Supporters of the bill likely view it as a necessary measure to improve fiscal discipline and ensure that all budget requests are planned and submitted on time. Conversely, opponents may express concern that this approach could deprive community projects of critical funding that arise unexpectedly and are instrumental for local development and emergencies, reflecting a tension between financial oversight and the need for flexibility in budgetary needs.
Contention
One notable contention surrounding SB 337 is the potential impact on economic development initiatives. Given that economic recovery often hinges on timely funding for new projects, critics may argue that strict adherence to deadlines could stifle opportunities for timely assistance in urgent instances. Additionally, the bill's specific targeting of non-state entities raises questions about the prioritization of state versus local funding needs and the implications for community-based development efforts.
Provides for capital outlay requests for a state-owned and administered project submitted by a budget unit of the state. (gov sig) (2/3 - CA7s11(C)) (Item #15) (EG NO IMPACT GF EX See Note)
Provides an exception for late approval of a capital outlay request for a state-owned and administered project submitted by a budget unit of the state, including public postsecondary education institutions. (gov sig) (2/3 - CA7s11(C)) (EG GF EX See Note)
Provides an exception to the time limit on filing capital outlay requests for filings resulting from a declared disaster where there is an public need for the project. (7/1/14) (2/3 - CA7s11(C)) (EN NO IMPACT GF EX See Note)