LD 292
pg. 2
Page 1 of 3 An Act To Establish a New Method of Determining the State Budget Page 3 of 3
Download Bill Text
LR 974
Item 1

 
forecasted on the basis of current law and assumed inflation
variables related to program operations. The forecast for the
General Fund and the Highway Fund must be presented in a budget
fund flow statement and a comparative statement showing each income
source for revenue projections and expenditure estimates for each
major program category.

 
Sec. 3. 5 MRSA §1666, first ¶, as amended by PL 1993, c. 707, Pt. R,
§1, is further amended to read:

 
The Governor-elect or the Governor, with the assistance of the
State Budget Officer, shall review the budget estimates,
altering, revising, increasing or decreasing the items of the

 
estimates as may be determined necessary in view of the needs of
the various departments and agencies and the total anticipated
income of the State Government during the ensuing biennium. This
review must cover all budgets regardless of source of funds,
including, but not limited to, budgets related to the Highway
Fund, the Federal Revenue Sharing Fund and other special revenue
funds. The State Budget Officer, at the direction of the
Governor-elect or the Governor, shall then prepare a state budget
document in the form required by law. The Governor-elect or the
Governor is fully responsible for all budgetary recommendations
made to the Legislature. The Governor shall transmit the budget
document to the Legislature not later than the Friday following
the first Monday in January December of the first second regular
legislative session. At that time the Governor shall also
transmit any biennial budget bills that authorize appropriations
or allocations in the upcoming biennium that the Governor may
wish to propose as well as any emergency bills that authorize
additional appropriations or allocations in the current fiscal
year that the Governor may wish to propose. A Governor-elect
elected to a first term of office shall transmit the budget
document to the Legislature not later than the Friday following
the first Monday in February January of the first second regular
legislative session. At that time the Governor-elect shall also
transmit any biennial budget bills that authorize appropriations
or allocations in the upcoming biennium that the Governor may
wish to propose as well as any emergency bills that authorize
additional appropriations or allocations in the current fiscal
year that the Governor may wish to propose.

 
Sec. 4. 5 MRSA §1666-A, as enacted by PL 1995, c. 113, §1, is
amended to read:

 
§1666-A. Enactment of budget

 
The Legislature shall review a biennial or supplemental budget
submitted to it in accordance with this chapter and enact a
budget no later than 30 days prior to the date of adjournment


Page 1 of 3 Top of Page Page 3 of 3