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2002 SESSION

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SB 344 Budget; long-term financial plan.

Introduced by: John H. Chichester | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Budget; long-term financial plan. Requires the Governor to submit in each even-numbered year a long-term financial plan providing a financial outline consisting of (i) the Governor's biennial budget, (ii) anticipated general fund revenue, and (iii) anticipated revenues for each of the major nongeneral funds.

SUMMARY AS PASSED SENATE:

Budget; long-term financial plan. Requires the Governor to submit in each even-numbered year a long-term financial plan providing a financial outline consisting of (i) the Governor's biennial budget, (ii) anticipated general fund revenue, and (iii) anticipated revenues for each of the major nongeneral funds.

SUMMARY AS INTRODUCED:

Budget; long-term financial plan. Requires the Governor to submit by December 15 of each year a long-term financial plan providing a six-year financial outline consisting of estimates of (i) anticipated general fund revenue, (ii) anticipated revenues for each of the major nongeneral funds, and (iii) the amount of funding needed by each secretariat, for each year.