Bill Text: VA HB244 | 2012 | Regular Session | Comm Sub
Bill Title: Planning and Budget, Department of; submissions to General Assembly and Governor.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2012-02-20 - House: Left in Appropriations [HB244 Detail]
Download: Virginia-2012-HB244-Comm_Sub.html
12104977D
Be it enacted by the General Assembly of Virginia: 1. That §2.2-1504 of the Code of Virginia is amended and reenacted as follows: §2.2-1504. Estimates by state agencies of amounts needed. A. Biennially in the odd-numbered years, on a date established by the Governor, each of the several state agencies and other agencies and undertakings receiving or asking financial aid from the Commonwealth shall report to the Governor, through the responsible secretary designated by statute or executive order, in a format prescribed for such purpose, an estimate in itemized form in accordance with the expenditure classification adopted by the Governor, showing the amount needed for each year of the ensuing biennial period beginning with the first day of July. The Governor may prescribe targets that shall not be exceeded in the official estimate of each agency; however, an agency may submit to the Governor a request for an amount exceeding the target as an addendum to its official budget estimate. B. Each agency or undertaking required to submit a biennial estimate
pursuant to subsection A shall simultaneously submit an estimate of the amount
that will be needed for the two succeeding biennial periods beginning July 1 of
the third year following the year in which the estimate is submitted.
C. Within five calendar days after state agencies submit their budget requests, amendment briefs, requests for amendments, or biennial estimates to the Department in accordance with subsections A and B, the Director of the Department shall submit, electronically if available, copies to the Chairmen of the House Committee on Appropriations and the Senate Committee on Finance. |