Louisiana 2022 Regular Session

Louisiana House Bill HCR54

Introduced
4/5/22  
Introduced
4/5/22  
Refer
4/6/22  

Caption

Provides for the expenditure limit for Fiscal Year 2021-2022

Impact

The passing of HCR54 will affect state financial management and budgeting frameworks by authorizing a higher expenditure limit. This change is significant as it enables the state to allocate resources more freely within the fiscal year, potentially allowing for increased spending on various state programs and services. The resolution aligns with the constitutional provisions which require a two-thirds majority vote to alter expenditure limits, thereby reinforcing legislative oversight and accountability in budgetary decisions.

Summary

House Concurrent Resolution No. 54 (HCR54) proposes an adjustment to the expenditure limit for the Fiscal Year 2021-2022 in Louisiana. It specifically directs the commissioner of administration to increase the limit from $15,021,678,035 to $15,022,678,035, reflecting a modification of $1,000,000. The resolution recognizes the need for a legislative instrument, in accordance with the Louisiana Constitution, to enact such changes, and thereby highlights the importance of proper budgetary procedures within state government.

Sentiment

The sentiment surrounding HCR54 is generally supportive as it aligns with standard practices of fiscal governance. Proponents within the Legislature view the adjustment as necessary for effective budget management, especially in light of unforeseen expenditures that may arise during the fiscal year. There were no recorded substantial oppositions or notable contentions around the resolution, suggesting a consensus on the necessity of modifying the expenditure limit to meet the state’s financial obligations.

Contention

While the resolution did not evoke notable contentions in the discussions, it nevertheless underscores the importance of legislative unity in financial matters. The mechanism of requiring a two-thirds majority for such changes ensures checks and balances within the state governance structure. The resolution serves as a procedural move that shows the Legislature's ability to respond to changing fiscal needs, but it also acts as a reminder of the delicate balance that exists when authorizing state expenditures.

Companion Bills

No companion bills found.

Previously Filed As

LA SCR4

Provides for the expenditure limit for Fiscal Year 2022-2023 and Fiscal Year 2023-2024. (2/3-CA7s10) (OR SEE FISC NOTE)

LA SCR3

Provides for the expenditure limit for Fiscal Year 2022-2023 and Fiscal Year 2023-2024. (2/3-CA7s10) (EN SEE FISC NOTE)

LA HCR139

Provides for the expenditure limit for FY 2024-2025 (EG SEE FISC NOTE)

LA HCR143

Provides for the expenditure limit for FY 2024-2025 (OR SEE FISC NOTE)

LA HCR3

Reduces the expenditure limit for Fiscal Year 2016-2017 (EG SEE FISC NOTE GF EX See Note)

LA HCR22

Reduces the expenditure limit for Fiscal Year 2011-2012 (EG SEE FISC NOTE EX See Note)

LA HCR8

Reduces the expenditure limit for FY 2020-2021 (EG SEE FISC NOTE GF EX See Note)

LA HCR112

Reduces the expenditure limit for FY 2015-2016 (OR SEE FISC NOTE EX See Note)

LA HCR1

Reduces the expenditure limit for FY 2012-2013

LA HCR2

Reduces the expenditure limit for FY 2018-2019 (Item #12) (EG SEE FISC NOTE GF EX See Note)

Similar Bills

CA SB321

Late signature curing expenditure reports.

CA AB2447

California State University: fiscal transparency: internet website.

AZ HB2364

Lobbyists; gift ban exemption

AZ HB2089

Community colleges; expenditure limitation

CA AB1052

The Financial Information System for California (FISCal).

CA AB62

State government: FI$Cal: transparency.

CA SB468

Taxation: tax expenditures: California Tax Expenditure Review Board.

CA SB768

Transportation projects: comprehensive development lease agreements.