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2015 SESSION

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HB 1790 State agency or official; prohibition on payments without an appropriation, prohibition on IOUs.

Introduced by: James P. "Jimmie" Massie, III | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Prohibition on payments without an appropriation; prohibition on IOUs. Prohibits a state agency or official from attempting, guaranteeing, or purporting to pay for a good or service or a debt unless the General Assembly has appropriated funds, or funds are otherwise lawfully available, to pay the same. The prohibition on payment does not apply to payments required by federal law. The bill also prohibits a state agency or official from furnishing an IOU in exchange for any good or service, as a means to pay for any good or service, or in lieu of a payment on a debt.

SUMMARY AS INTRODUCED:

Prohibition on payments without an appropriation; prohibition on IOUs. Prohibits a state agency or official from attempting, guaranteeing, or purporting to pay (i) for a good or service or (ii) a debt unless the General Assembly has appropriated funds to pay the same. The prohibition on payment does not apply to payments required by federal law. The bill also prohibits a state agency or official from furnishing an IOU in exchange for any good or service, as a means to pay for any good or service, or in lieu of a payment on a debt.