2005 Senate Bill 2 (Budget Procedures)

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• Introduced by Sen. Satveer S. Chaudhary and Sen. Richard J. Cohen on January 6, 2005, to require that the state budget forecasts required to be disclosed to the public assuming an inflationary increase in spending on state programs. Under current law, inflationary increases in state spending are specifically not included in forecasts (HF145 Companion Bill).
  • Referred to the Senate Finance Committee on January 6, 2005.
  • Motion by Sen. Richard J. Cohen on January 13, 2005, to add Senator Chaudhary as a co-author of SF2. The motion passed in the Senate by voice vote on January 13, 2005.
  • Reported by Sen. Richard J. Cohen on January 24, 2005, from the Finance Committee with amendments and the recommendation that the bill pass as amended. As amended, forecasts would have to take into account deflation as well as inflation. The report was adopted.
  • Amendment offered by Sen. Thomas M. Neuville on January 31, 2005, to delete requirements in the bill that inflation and deflation be automatically assumed for forecasts, and require them to be noted separately for information purposes.
    • Amendment offered by Sen. Thomas M. Neuville on January 31, 2005, to require the notation from the initial Neuville amendment for each forecasted program. The amendment passed in the Senate by voice vote on January 31, 2005.
  • The amendment passed in the Senate (57 to 8) on January 31, 2005, to delete requirements in the bill that inflation and deflation be automatically assumed for forecasts, and require them to be noted separately for information purposes (for each forecasted program). [Vote Details and Comments]
• Passed in the Senate (57 to 8) on January 31, 2005, to require that the state budget forecasts note inflation and deflation projections for each forecasted program (but inflationary increases or deflationary decreases in state spending would still specifically not be included in forecasts). [Vote Details and Comments]

Comments

Introduced by Sen. Satveer S. Chaudhary and Sen. Richard J. Cohen on January 6, 2005. Passed in the Senate (57 to 8) on January 31, 2005. New Comment