Louisiana 2016 2016 Regular Session

Louisiana House Bill HB584 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 584 Engrossed	2016 Regular Session	Schroder
Abstract: Increases the amount of constitutionally protected or mandated appropriations that can
be reduced and transferred to a fund with a projected deficit from 5% to 10%.
Present constitution provides for a procedure for adjusting appropriations if there is a projected
deficit in any fund.
Present constitution provides for adjustment to constitutionally protected or mandated allocations
or appropriations, and transfer of such monies to the fund in a projected deficit, not to exceed 5%
when state general fund appropriations have been reduced in an aggregate amount of 7/10 of 1%.
Present constitution further provides for adjustment to constitutionally protected or mandated
allocations or appropriations, and transfer of such monies to the fund in a projected deficit, not to
exceed 5% when the official forecast of recurring revenues for the next fiscal year is at least 1% less
than the official forecast for the current fiscal year. 
Proposed constitutional amendment increases the maximum amount of adjustments from 5% to 10%. 
Proposed law further clarifies that the adjustments include fees and self-generated revenues for each
budget unit. 
Provides for submission of the proposed amendment to the voters at the statewide election to be held
November 8, 2016.
(Amends Const. Art. 7, ยง10(F)(2)(a) and (b))