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GA HR1864

Resolution

Official Source

Status

Introduced

3/18/2014

Primary Sponsor

Trey Kelley

Click for details

Origin

House of Representatives

2013-2014 Regular Session

AI Summary

  • Proposes an amendment to the Georgia Constitution (Article III, Section IX, Paragraph IV) to cap annual state budget growth at a rate equal to the Consumer Price Index increase plus the annual percentage increase in the state's total population
  • Prohibits the General Assembly from appropriating aggregate state funds exceeding the prior fiscal year's appropriations plus the allowable percentage increase based on gross state product growth
  • Protects against forced budget cuts by specifying that if gross state product declines, aggregate appropriated state funds are not required to be reduced
  • Allows the spending cap to be overridden if the appropriations act is approved by a two-thirds vote of both houses of the General Assembly
  • Requires submission of the proposed constitutional amendment to Georgia voters for ratification or rejection on the ballot

Legislative Description

State budget; rate of growth based upon changes in the Consumer Price Index and population growth; limit - CA

Last Action

House First Readers

3/20/2014

Full Bill Text

No bill text available