Louisiana 2019 Regular Session

Louisiana House Bill HR224 Latest Draft

Bill / Enrolled Version

                            ENROLLED
2019 Regular Session
HOUSE RESOLUTION NO. 224
BY REPRESENTATIVE EDMONDS
A RESOLUTION
To urge and request 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 each fiscal year in the five-year baseline budget projection,
commonly referred to as the long-range forecast.
WHEREAS, pursuant to a vote of the electorate in 1990, the Louisiana Constitution
did establish the Revenue Estimating Conference, hereinafter the "conference", to provide
that the conference shall prepare and publish initial and revised estimates of money to be
received by the state general fund and dedicated funds for the current and next fiscal years
which are available for appropriation; and
WHEREAS, in 1992, state law was amended to provide that a five-year baseline
budget projection, commonly known as the long-range forecast, should be established to
provide state policymakers with a financial tool against which to gauge revenue and
expenditure proposals; and
WHEREAS, state law provides that the conference shall determine the revenues to
be used in the long-range forecast by establishing the official forecast for the current year,
the official forecast for the ensuing fiscal year, and a projection of money available for
appropriation in each fiscal year for the three-year period following the ensuing fiscal year;
and
WHEREAS, the conference includes in the official forecast for the current and
ensuing fiscal years an estimate of the amount of certain dedicated funds and fees, by
agency, and certain self-generated revenues; and
Page 1 of 2 HR NO. 224	ENROLLED
WHEREAS, the conference does not include all dedicated funds nor fees and self
generated revenues in their projections of money available for appropriation in each fiscal
year for the three-year period following the ensuing fiscal year; and 
WHEREAS, the legislature desires that the conference include the amount of fees
and self-generated revenues estimated to be received, by agency, and all dedicated funds to
be included 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.
THEREFORE, BE IT RESOLVED that the House of Representatives of the
Legislature of Louisiana does hereby urge and request the Revenue Estimating Conference
to consider including fees and self generated revenues 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.
BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
members of the Revenue Estimating Conference for their consideration.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
Page 2 of 2