HI SCR133

Requests the Department of Budget and Finance to create a Task Force for Responsible Fiscal Action to plan ahead for long-term growth and stability of state finances.

Task force membership consists of 8 members: the Director of Finance (Chair), two Executive branch members appointed by the Governor, two Senate members (one appointed by Senate President, one by Senate Minority Leader), and two House members (one appointed by House Speaker, one by House Minority Leader).

Task force duties include reviewing fiscal imbalances in state government, analyzing projected expenditures and revenues, assessing the state's actuarial financial condition, identifying factors affecting long-term fiscal imbalances, and analyzing potential courses of action to address these factors.

Department of Budget and Finance shall provide technical support to the task force, which must submit findings and recommendations including any proposed legislation to the Legislature no later than 20 days before the 2014 Regular Session convenes.

Task force is dissolved on June 30, 2014.