2012 -- H 7069

=======

LC00449

=======

STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

____________

A N A C T

RELATING TO PUBLIC FINANCE - STATE BUDGET

     Introduced By: Representatives Melo, Naughton, Jackson, Gallison, and Valencia

     Date Introduced: January 11, 2012

     Referred To: House Finance

It is enacted by the General Assembly as follows:

1-1

     SECTION 1. Section 35-3-7 of the General Laws in Chapter 35-3 entitled "State Budget"

1-2

is hereby amended to read as follows:

1-3

     35-3-7. Submission of budget to general assembly -- Contents. -- (a) On or before the

1-4

third Thursday in January in each year of each January session of the general assembly, the

1-5

governor shall submit to the general assembly a budget containing a complete plan of estimated

1-6

revenues and proposed expenditures, with a personnel supplement detailing the number and titles

1-7

of positions of each agency and the estimates of personnel costs for the next fiscal year. Provided,

1-8

however, in those years that a new governor is inaugurated, the new governor shall submit the

1-9

budget on or before the first Thursday in February. In the budget the governor may set forth in

1-10

summary and detail:

1-11

      (1) Estimates of the receipts of the state during the ensuing fiscal year under laws

1-12

existing at the time the budget is transmitted and also under the revenue proposals, if any,

1-13

contained in the budget, and comparisons with the estimated receipts of the state during the

1-14

current fiscal year, as well as actual receipts of the state for the last two (2) completed fiscal

1-15

years.

1-16

      (2) Estimates of the expenditures and appropriations necessary in the governor's

1-17

judgment for the support of the state government for the ensuing fiscal year, and comparisons

1-18

with appropriations for expenditures during the current fiscal year, as well as actual expenditures

1-19

of the state for the last two (2) complete fiscal years.

2-20

      (3) Financial statements of the

2-21

      (i) Condition of the treasury at the end of the last completed fiscal year;

2-22

      (ii) The estimated condition of the treasury at the end of the current fiscal year; and

2-23

      (iii) Estimated condition of the treasury at the end of the ensuing fiscal year if the

2-24

financial proposals contained in the budget are adopted.

2-25

      (4) All essential facts regarding the bonded and other indebtedness of the state.

2-26

      (5) A report indicating those program revenues and expenditures whose funding source

2-27

is proposed to be changed from state appropriations to restricted receipts, or from restricted

2-28

receipts to other funding sources.

2-29

      (6) Such other financial statements and data as in the governor's opinion are necessary or

2-30

desirable.

2-31

      (b) Any other provision of the general laws to the contrary notwithstanding, the proposed

2-32

appropriations submitted by the governor to the general assembly for the next ensuing fiscal year

2-33

should not be more than five and one-half percent (5.5%) in excess of total state appropriations,

2-34

excluding any estimated supplemental appropriations, enacted by the general assembly for the

2-35

fiscal year previous to that for which the proposed appropriations are being submitted; provided,

2-36

that the increased state share provisions required to achieve fifty percent (50%) state financing of

2-37

local school operations as provided for in P.L. 1985, ch. 182, shall be excluded from the

2-38

definition of total appropriations.

2-39

      (c) Notwithstanding the provisions of subsection 35-3-7(a), the governor shall submit to

2-40

the general assembly a budget for the fiscal year ending June 30, 2006 not later than the fourth

2-41

(4th) Thursday in January 2005.

2-42

      (d) Notwithstanding the provisions of subsection 35-3-7(a), the governor shall submit to

2-43

the general assembly a supplemental budget for the fiscal year ending June 30, 2006 and/or a

2-44

budget for the fiscal year ending June 30, 2007 not later than Thursday, January 26, 2006.

2-45

      (e) Notwithstanding the provisions of subsection 35-3-7(a), the governor shall submit to

2-46

the general assembly a supplemental budget for the fiscal year ending June 30, 2007 and/or a

2-47

budget for the fiscal year ending June 30, 2008 not later than Wednesday, January 31, 2007.

2-48

      (f) Notwithstanding the provisions of subsection 35-3-7(a), the governor shall submit to

2-49

the general assembly a budget for the fiscal year ending June 30, 2012 not later than Thursday,

2-50

March 10, 2011.

2-51

     (g) Notwithstanding the provisions of subsection 35-3-7(a), the governor shall submit to

2-52

the general assembly a budget for the fiscal year ending June 30, 2013 not later than Tuesday,

2-53

January 31, 2012.

3-54

     SECTION 2. This act shall take effect upon passage.

=======

LC00449

=======

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO PUBLIC FINANCE - STATE BUDGET

***

4-1

     This act would require the governor to submit to the general assembly a budget for the

4-2

fiscal year ending 2013 not later than January 31, 2012.

4-3

     This act would take effect upon passage.

=======

LC00449

=======