Bill Summaries: S514 (2017-2018 Session)

Tracking:
  • Bill S 514 (2017-2018)
    Summary date: Mar 30 2017 - View summary

    Amends GS 143C-3-5 to require the Governor's budget recommendations to include a 5-year fiscal analysis that incorporates estimates of revenues and expenditures, factoring in listed economic changes, and a statement of assumptions.

    Amends GS 143C-5-3. Amends the caption of that statute to read "Availability statement and fiscal analysis required." Requires the Current Operations Appropriations Act as it is passed by each Chamber and the enacted version to be accompanied by an independent fiscal analysis performed by the Fiscal Research Division of the General Assembly that addresses the budget outlook for the upcoming five-year period. Provides requirements for the analysis identical to those required for the Governor's budget recommendations, as described above.

    Effective July 1, 2017.
    Government, Budget/Appropriations, State Government
    GS 143C

© 2022 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.