Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Impact
The bill proposes amendments to various sections of the Government Code that relate directly to budgeting and appropriations, including a limit on the growth rate of appropriations based on the state's economic growth. This approach intends to align state spending with economic performance, potentially preventing excessive or unsustainable fiscal policies. The adjustments are designed to promote fiscal responsibility and prudent budget management, impacting how state funds are allocated and spent.
Summary
House Bill 542 addresses the timing and procedures related to the state budget and legislative sessions in Texas. Specifically, the bill outlines that the legislature shall convene in regular session during odd-numbered years and will hold budget sessions in even-numbered years. The measure aims to establish a clearer schedule for lawmakers regarding budget formulation and ensures that legislative activities are organized effectively, which supporters believe will enhance the state's financial planning capabilities.
Contention
A notable point of contention surrounding HB 542 is the implications it could have on political contributions made during legislative sessions. The bill aims to impose restrictions on political contributions to legislative members and their associated caucuses during and around legislative sessions. Opponents may argue that these restrictions could hinder political engagement and lead to diminished financial support for legislative candidates, while proponents contend that it promotes transparency and reduces undue influence in the political process.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to reports by the Legislative Budget Board regarding the General Appropriations Act and other fiscal actions taken by the legislature and each general appropriations bill proposed by the legislature.
Relating to reports by the Legislative Budget Board regarding the General Appropriations Act and other fiscal actions taken by the legislature and each general appropriations bill proposed by the legislature.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.
Relating to an annual state budget and legislative budget sessions in even-numbered years and to political contributions made during a legislative session.