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 273 Engrossed 2021 Regular Session Beaullieu
Abstract: Requires the legislature to establish a procedure to determine the annual state expenditure
limit and caps the growth of the limit at five percent.
Present constitution provides for the determination of the expenditure limit for the next fiscal year
to be determined in the first quarter of the calendar year for the current fiscal year. The expenditure
limit for the next fiscal year is based on the expenditure limit for the current fiscal year times a
growth factor based on the change of personal income in the state.
Present constitution defines the growth factor as the average annual percentage rate of change of
personal income for La. as defined and reported by the U.S. Dept. of Commerce for the three
calendar years prior to the fiscal year for which the limit is calculated.
Proposed constitutional amendment instead requires the legislature to establish a procedure to
determine the expenditure limit, which shall not provide for growth of more than five percent.
Provides that once established, the procedure shall not be changed except by a law enacted by a 2/3
vote of the elected members of each house of the legislature.
Provides for submission of the proposed amendment to the voters at the statewide election to be held
Nov. 8, 2022.
Effective June 30, 2023.
(Amends Const. Art. VII, ยง10(C)(1))