HLS 19RS-3028 ORIGINAL 2019 Regular Session HOUSE RESOLUTION NO. 224 BY REPRESENTATIVE EDMONDS BUDGETARY PROCEDURES: Urges and requests the Revenue Estimating Conference to consider including all dedicated funds and fees and self-generated revenues in the projection of money available for appropriation in the long-range forecast 1 A RESOLUTION 2To urge and request the Revenue Estimating Conference to consider including all dedicated 3 funds and fees and self-generated revenues in the projection of money available for 4 appropriation in each fiscal year in the five-year baseline budget projection, 5 commonly referred to as the long-range forecast. 6 WHEREAS, pursuant to a vote of the electorate in 1990, the Louisiana Constitution 7did establish the Revenue Estimating Conference, hereinafter the "conference", to provide 8that the conference shall prepare and publish initial and revised estimates of money to be 9received by the state general fund and dedicated funds for the current and next fiscal years 10which are available for appropriation; and 11 WHEREAS, in 1992, state law was amended to provide that a five-year baseline 12budget projection, commonly known as the long-range forecast, should be established to 13provide state policymakers with a financial tool against which to gauge revenue and 14expenditure proposals; and 15 WHEREAS, state law provides that the conference shall determine the revenues to 16be used in the long-range forecast by establishing the official forecast for the current year, 17the official forecast for the ensuing fiscal year, and a projection of money available for 18appropriation in each fiscal year for the three-year period following the ensuing fiscal year; 19and Page 1 of 2 HR NO. 224 HLS 19RS-3028 ORIGINAL 1 WHEREAS, the conference includes in the official forecast for the current and 2ensuing fiscal years an estimate of the amount of certain dedicated funds and fees, by 3agency, and certain self-generated revenues; and 4 WHEREAS, the conference does not include all dedicated funds nor fees and self 5generated revenues in their projections of money available for appropriation in each fiscal 6year for the three-year period following the ensuing fiscal year; and 7 WHEREAS, the legislature desires that the conference include the amount of fees 8and self-generated revenues estimated to be received, by agency, and all dedicated funds to 9be included in the conference's projection of money available for appropriation in each fiscal 10year for the three-year period following the ensuing fiscal year, commonly known as the 11long-range forecast. 12 THEREFORE, BE IT RESOLVED that the House of Representatives of the 13Legislature of Louisiana does hereby urge and request the Revenue Estimating Conference 14to consider including fees and self generated revenues and all dedicated funds in the 15conference's projection of money available for appropriation in each fiscal year for the 16three-year period following the ensuing fiscal year, commonly known as the long-range 17forecast. 18 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the 19members of the Revenue Estimating Conference for their consideration. 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)] HR 224 Original 2019 Regular Session Edmonds To urge and request the Revenue Estimating Conference to consider including fees and self- generated revenues, by agency, and all dedicated funds in the conference's projection of money available for appropriation in each fiscal year for the three-year period following the ensuing fiscal year, commonly known as the long-range forecast. Page 2 of 2