HB646

Louisiana HB646 proposes a constitutional amendment to limit state general fund appropriations.

HB646 proposes a constitutional amendment to restrict the amount of recurring revenue that can be appropriated from the state general fund in any fiscal year. It establishes a Government Growth Limit, calculated based on the previous fiscal year's appropriations plus three percent. Recurring revenue above this limit can only be appropriated for nonrecurring expenses. The amendment also requires the governor's budget to comply with this limit and mandates the Revenue Estimating Conference to adopt a growth limit by the first quarter of each fiscal year.