Louisiana 2019 2019 Regular Session

Louisiana House Bill HR224 Engrossed / Bill

                    HLS 19RS-3028	ENGROSSED
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
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HLS 19RS-3028	ENGROSSED
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 Engrossed 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.
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