Story Archives: New rule lacks teeth
- 2013 - 300 articles
- 2012 - 856 articles
- 2011 - 635 articles
- 2010 - 1276 articles
- 2009 - 1591 articles
- 2008 - 1763 articles
|
New rule lacks teeth
A new rule approved by the House of Representatives earlier this week requires the House to approve by a two-thirds vote the use of one-time revenues to balance a budget.
Offered by Rep. Brett Geymann, R-Lake Charles, the new rule altered the state's fiscal posture heading into the 2011-2012 fiscal year, which begins July 1.
The Legislature is in the midst of a regular session, working toward approving a roughly $24.9-billion budget for the new fiscal year. Advocated by the Jindal administration, the proposed budget for the new fiscal year contains about $500 million in one-time revenues, or revenues that won't necessarily be available for the Legislature to spend in the 2012-2013 fiscal year.For the full story, subscribe to the The Concordia Sentinel's NEW E-Edition! |
|
E-mail Story
Print Story
