Loading chat...
GA HR158
Resolution
Status
Engrossed
2/14/2018
Primary Sponsor
Jay Powell
Click for details
AI Summary
- Proposes an amendment to the Georgia Constitution authorizing the General Assembly to dedicate revenues from specific fees or taxes to the public purpose for which they were imposed, with each dedicating law required to identify the administering agency, mandate annual reporting, and include an automatic expiration within 10 years
- Caps total dedicated revenues under this provision at 1 percent of the previous fiscal year's state revenues subject to appropriation, including any nonlapsed funds
- Requires a two-thirds roll-call vote in each chamber of the General Assembly to enact or amend a revenue dedication law, but allows repeal by a simple majority roll-call vote
- Prohibits any redirection, rededication, or alteration of dedicated revenues through the appropriations process; temporary suspension is permitted only if the Governor declares a financial emergency (defined as a 3% or greater revenue shortfall), via joint resolution limited to two fiscal years and no more than three times per ten-year period
- Exempts dedicated funds from existing constitutional requirements on fund lapsing, allocation of proceeds, and payment into the general state treasury, and submits the amendment to voters for ratification
Legislative Description
General Assembly; provide for dedication of revenues derived from fees or other taxes to the public purpose for which such fees or other taxes were imposed; authorize - CA
Last Action
Senate Read and Referred
2/15/2018
Full Bill Text
No bill text available