Louisiana 2017 2017 Regular Session

Louisiana Senate Bill SB229 Introduced / Bill

                    SLS 17RS-233	ORIGINAL
2017 Regular Session
SENATE BILL NO. 229
BY SENATORS TARVER, ALARIO AND LAFLEUR 
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
FISCAL CONTROLS.  Limits appropriations to 98% of the official forecast. (7/1/18)
1	AN ACT
2 To amend and reenact R.S. 39:54(A)(1), relative to appropriations; to provide that
3 appropriations shall not exceed ninety-eight percent of the official forecast in effect
4 at the time the appropriations are made; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1.  R.S. 39:54(A)(1) is hereby amended and reenacted to read as follows:
7 ยง54. Limitations on appropriations
8	A.(1) Appropriations by the legislature from the state general fund and
9 dedicated funds for any fiscal year shall not exceed ninety-eight percent of the
10 official forecast in effect at the time the appropriations are made, except in those
11 years when the official forecast of recurring revenues for the ensuing fiscal year
12 are at least one percent less than the official forecast for the current fiscal year. 
13 Except as otherwise provided by R.S. 39:75(E), appropriations by the legislature
14 from any fund shall not exceed ninety-eight percent of the official forecast of
15 money available for appropriation from that fund in effect at the time the
16 appropriations are made.
17	*          *          *
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 229
SLS 17RS-233	ORIGINAL
1 Section 2.  The provisions of this Act shall be effective on July 1, 2018.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Martha S. Hess.
DIGEST
SB 229 Original 2017 Regular Session	Tarver
Present law limits appropriations by the legislature by providing that appropriations from
the state general fund and dedicated funds for any fiscal year shall not exceed the official
forecast in effect at the time the appropriations are made. Except as otherwise provided by
R.S. 39:75(E), appropriations by the legislature from any fund shall not exceed the official
forecast of money available for appropriation from that fund in effect at the time the
appropriations are made.
Proposed law revises present law by providing that beginning with the submission of agency
budget requests for Fiscal Year 2018-2019, appropriations from the state general fund and
dedicated funds for any fiscal year shall not exceed 98% of the official forecast in effect at
the time the appropriations are made, except in those years when the official forecast of
recurring revenues for the ensuing fiscal year are at least one percent less than the official
forecast for the current fiscal year.  Proposed law further provides that except as otherwise
provided by R.S. 39:75(E), appropriations by the legislature from any fund shall not exceed
98% of the official forecast of money available for appropriation from that fund in effect at
the time the appropriations are made.
Effective July 1, 2018.
(Amends R.S. 39:54(A)(1))
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.