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GA SB480
Bill
AI Summary
- Creates the State Council of Economic Advisors as a five-member body, with three members appointed by the Governor, one by the Speaker of the House, and one by the President of the Senate
- Each council member must be an economist or a person with background and expertise in Georgia state revenues
- Members serve terms matching those of their appointing official, are eligible for reappointment, and receive compensation and expense reimbursement from funds appropriated to the Governor's office
- The council is required to annually determine the unappropriated surplus and anticipated treasury receipts for use in preparing the Governor's budget recommendations, with deadlines of July 31 for the next fiscal year budget and September 30 for the amended budget
- The Governor may reduce the council's revenue estimates but may not increase them without the council's concurrence
Legislative Description
State Council of Economic Advisors; creation; provide composition, duties, and responsibilities
Last Action
Veto V23
6/8/2010
Committee Referrals
Budget and Fiscal Affairs Oversight3/26/2010
Appropriations3/11/2010
Full Bill Text
No bill text available