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OK HB2899

Bill

Status

Introduced

2/1/2016

Primary Sponsor

Scott Inman

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Origin

House of Representatives

2016 Regular Session

AI Summary

  • Requires the Governor's Executive Budget to include a report with estimated revenues and appropriations for the three fiscal years following the budget year

  • Revenue projections must include detailed information for each major tax and major components of miscellaneous receipts

  • Expenditure estimates must account for projected changes in population demographics, operating increases, federal funding changes, and user charges

  • Budget report must contain a description of the assumptions underlying the revenue and appropriation estimates

  • Authorizes the Office of Management and Enterprise Services to contract with Oklahoma higher education institutions or other entities to prepare the three-year projections; effective November 1, 2016

Legislative Description

Public finance; revenue estimation; procedures; effective date.

Last Action

Second Reading referred to Appropriations and Budget

2/2/2016

Committee Referrals

Appropriations and Budget2/2/2016

Full Bill Text

No bill text available