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MO SB341
Bill
Status
Introduced
2/18/2013
Primary Sponsor
Eric Schmitt
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AI Summary
- Repeals and reenacts section 67.010 of Missouri Revised Statutes relating to annual budget requirements for political subdivisions
- Removes the reference to "section 165.191" from the list of exemptions for political subdivisions required to prepare annual budgets
- Maintains existing budget requirements including budget messages, estimated revenues with comparative statements for two preceding years, proposed expenditures by department, debt payment amounts, and general budget summaries
- Preserves the requirement that total proposed expenditures from any fund cannot exceed estimated revenues plus unencumbered balance or less any deficit
- Clarifies that political subdivisions are not required to use cash balances as current revenue or change from a cash basis of financing
Legislative Description
Repeals a reference to an obsolete section of law
Last Action
Second Read and Referred S Education Committee
2/28/2013
Committee Referrals
Education2/28/2013
Full Bill Text
No bill text available