Bill Status of HB4229 100th General Assembly
Short Description: TAXPAYER FISCAL CHARTER ACT
Rep. C.D. Davidsmeyer - Thomas Morrison
Statutes Amended In Order of Appearance
Synopsis As Introduced
Creates the Taxpayer's Fiscal Charter Act. Provides for a discretionary spending freeze for fiscal years 2019 and 2020. Sets forth requirements to increase discretionary spending beginning in fiscal year 2021. Requires any new spending proposed by the General Assembly in addition to existing obligations shall be accompanied by a proposed source of revenue to pay for the proposed spending or specified cuts necessary to offset the proposed spending. Prohibits unfunded mandates. Requires the publishing of certain information before voting on or enacting an appropriations bill. Effective immediately.