SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

1995 SESSION


CHAPTER 769
An Act to amend the Code of Virginia by adding a section numbered 2.1-394.2, relating to overall spending target set by the General Assembly.
[H 2431]
Approved April 6, 1995

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 2.1-394.2 as follows:

§ 2.1-394.2. Overall spending target set by the General Assembly.

The General Assembly, by joint resolution adopted on or before May 1 in odd-numbered years, may prescribe an overall spending target for the biennial period beginning with July 1 of the next even-numbered year. The target shall be the basis for the preparation of a budget plan and bill by the Governor for the regular session of the General Assembly in the next even-numbered year. Notwithstanding any overall spending target adopted by the General Assembly under this section, the Governor may submit to the General Assembly a different budget plan and bill which may be greater than or less than any target established by the General Assembly.