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Filing of six-year financial outline; alternative recession estimates; revenue estimates based on Governor's Advisory Council on Revenue Estimates. Requires the Governor to include, in addition to all other requirements in law, (i) alternative recession estimates of anticipated general fund and nongeneral fund revenue and (ii) revenue estimates for the general fund and nongeneral fund based on the assumptions presented to the Governor's Advisory Council on Revenue Estimates in his financial plan for a prospective period of six years submitted to the General Assembly.
Introduced
Jan 17, 2025
Last Action
Apr 2, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Acts of Assembly Chapter text (CHAP0636)
Signed by Speaker as reenrolled
Signed by President as reenrolled
Reenrolled bill text (SB1474ER2)
Reenrolled
Governor's recommendation adopted
House concurred in Governor's recommendation (94-Y 1-N)
Senate concurred in Governor's recommendation (40-Y 0-N)
Enacted, Chapter 636 (Effective 07/01/2025)
Governor's recommendation received by Senate
Governor's Action Deadline 11:59 p.m., March 24, 2024
Enrolled Bill Communicated to Governor on March 11, 2025
Signed by President
Fiscal Impact Statement from Department of Planning and Budget (SB1474)
Enrolled
Bill text as passed Senate and House (SB1474ER)
Signed by Speaker
House Amendments agreed to by Senate (39-Y 0-N)
Engrossed by House as amended
Read third time
Appropriations Amendments agreed to
Passed House with amendments (97-Y 0-N)
Read second time
Reported from Appropriations with amendment(s) (21-Y 0-N)
Placed on Calendar
Assigned Approps sub: General Government and Capital Outlay
Referred to Committee on Appropriations
Read first time
Rules suspended
Passed Senate (40-Y 0-N)
Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)
Read second time and engrossed
Constitutional reading dispensed (on 1st reading) (39-Y 0-N 1-A)
Passed by for the day
Rules suspended
Fiscal Impact Statement from Department of Planning and Budget (SB1474)
Reported from Finance and Appropriations (15-Y 0-N)
Referred to Committee on Finance and Appropriations
Presented and ordered printed 25102891D
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Acts of Assembly Chapter text (CHAP0636)
L. Louise Lucas