Bill Status of HB1527 102nd General Assembly
Short Description: FINANCE-PAYGO BUDGETING
Rep. Michael Unes - Norine Hammond - Frank J. Mautino - Ron Sandack - Jerry F. Costello, II, Darlene J. Senger, Michael P. McAuliffe, Charles E. Meier, Raymond Poe, Donald L. Moffitt, Patricia R. Bellock, Brad E. Halbrook, Sandra M. Pihos, Renée Kosel, Jeanne M Ives, Michael W. Tryon, Robert W. Pritchard, Jim Sacia and Kay Hatcher
| 12/3/2014||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Finance Act. Requires PAYGO budgeting. Provides that if a Public Act requires additional spending from State funds, then no appropriation for the additional spending required by the Public Act may be obligated or expended unless the Commission on Government Forecasting and Accountability certifies to the State Comptroller that the same or another Public Act specifically identifies adequate decreases in expenditures or enhancements in revenues to completely offset the additional spending required by the Public Act. Effective immediately.