BILL · 2011–12 SESSION

HB 2827: Balanced budget

Improving state budgeting and planning by requiring a balanced state operating budget for the current biennium and developing a process for balancing the budget over a two-biennium period.

Summary

  • Requires the Legislature to publish a balance sheet demonstrating that General Fund and related funds appropriations will leave, in total, a positive ending fund balance.
  • Establishes a budget outlook process in the Economic and Revenue Forecast Council to provide estimates of revenues and expenditures in ensuing biennia.
  • Requires the Legislature and Governor to provide updated budget outlooks for their budget proposals.
  • Directs the Economic and Revenue Forecast Council to prepare a proposed methodology for determining whether the budgets are balanced for ensuing biennia.

From the House Bill Analysis 2012 (HB 2827), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedApr 3, 2012
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Ross Hunter (D-48)
Introduced
April 3, 2012 in the House
Last action
April 11, 2012
Budget
Has a fiscal note

AN ACT Relating to improving state budgeting and planning by requiring a balanced state operating budget for the current biennium and developing a process for balancing the budget over a two-biennium period;

Sponsors

Prime sponsor: Ross Hunter (D-48)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Ways & Means.

HB 2827 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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