Chapter 003
2011 -- H 5269
Enacted 02/18/11
A N A C T
RELATING TO
PUBLIC FINANCE - STATE BUDGET
Introduced By: Representative Helio Melo
Date Introduced: February 03, 2011
It is enacted by the
General Assembly as follows:
SECTION 1. Section 35-3-7 of the General Laws in Chapter
35-3 entitled "State Budget"
is hereby amended to read as follows:
35-3-7. Submission
of budget to general assembly -- Contents. -- (a) On or before the
third Thursday in January in each year of each January
session of the general assembly, the
governor shall submit to the general assembly a budget
containing a complete plan of estimated
revenues and proposed expenditures, with a personnel
supplement detailing the number and titles
of positions of each agency and the estimates of
personnel costs for the next fiscal year. Provided,
however, in those years that a new governor is inaugurated,
the new governor shall submit the
budget on or before the first Thursday in February. In the
budget the governor may set forth in
summary and detail:
(1) Estimates of the
receipts of the state during the ensuing fiscal year under laws
existing at the time the budget is transmitted and also under
the revenue proposals, if any,
contained in the budget, and comparisons with the estimated receipts
of the state during the
current fiscal year, as well as actual receipts of the state
for the last two (2) completed fiscal
years.
(2) Estimates of the
expenditures and appropriations necessary in the governor's
judgment for the support of the state government for the
ensuing fiscal year, and comparisons
with appropriations for expenditures during the current
fiscal year, as well as actual expenditures
of the state for the last two (2) complete fiscal years.
(3) Financial
statements of the
(i)
Condition of the treasury at the end of the last completed fiscal year;
(ii) The estimated
condition of the treasury at the end of the current fiscal year; and
(iii) Estimated
condition of the treasury at the end of the ensuing fiscal year if the
financial proposals contained in the budget are adopted.
(4) All essential facts
regarding the bonded and other indebtedness of the state.
(5) A report indicating
those program revenues and expenditures whose funding source
is proposed to be changed from state appropriations to
restricted receipts, or from restricted
receipts to other funding sources.
(6) Such other
financial statements and data as in the governor's opinion are necessary or
desirable.
(b) Any other provision
of the general laws to the contrary notwithstanding, the proposed
appropriations submitted by the governor to the general assembly for
the next ensuing fiscal year
should not be more than five and one-half percent (5.5%) in
excess of total state appropriations,
excluding any estimated supplemental appropriations, enacted by
the general assembly for the
fiscal year previous to that for which the proposed
appropriations are being submitted; provided,
that the increased state share provisions required to
achieve fifty percent (50%) state financing of
local school operations as provided for in P.L. 1985, ch. 182, shall be excluded from the
definition of total appropriations.
(c) Notwithstanding the
provisions of subsection 35-3-7(a), the governor shall submit to
the general assembly a budget for the fiscal year ending
June 30, 2006 not later than the fourth
(4th) Thursday in January 2005.
(d) Notwithstanding the
provisions of subsection 35-3-7(a), the governor shall submit to
the general assembly a supplemental budget for the fiscal
year ending June 30, 2006 and/or a
budget for the fiscal year ending June 30, 2007 not later
than Thursday, January 26, 2006.
(e) Notwithstanding the
provisions of subsection 35-3-7(a), the governor shall submit to
the general assembly a supplemental budget for the fiscal
year ending June 30, 2007 and/or a
budget for the fiscal year ending June 30, 2008 not later
than Wednesday, January 31, 2007.
(f) Notwithstanding
the provisions of subsection 35-3-7(a), the governor shall submit to
the general assembly a budget for the fiscal year ending
June 30, 2012 not later than Thursday,
March 10, 2011.
SECTION 2. This act shall take effect upon passage.
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LC00903
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