BILL · 2021–22 SESSION

SB 5316: State financial management

Concerning oversight of state financial management.

Summary

  • Revises the process to request spending unanticipated revenues.
  • Creates a Joint Legislative Interim Budget Committee (joint committee).
  • Requires review and approval by the joint committee before the Governor can approve spending for requests to spend unanticipated revenue of $5 million or more, or revenue less than $5 million when meeting certain criteria.
  • Allows the joint committee, by a vote of six members, to approve or reject a request, in whole or in part.
  • Prohibits the Governor from approving rejected requests, but allows submitting a new request to the joint committee.

From the Senate Bill Report (Orig.) (SB 5316), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 2021
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Lynda Wilson (R-17)
Introduced
January 21, 2021 in the Senate
Last action
January 10, 2022
Budget
Has a fiscal note

AN ACT Relating to oversight of state financial management;

Sponsors

Votes

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

History

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

SB 5316 in other sessions

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

Report wrong or missing information on this page