Constitutional amendment; limit on appropriations (first reference). (HJ59)

Introduced By

Del. Jeff Frederick (R-Woodbridge)

Description

Constitutional amendment (first resolution); limit on appropriations. Limits total appropriations in any fiscal year to the preceding year's total appropriations plus the greater of (i) five percent or (ii) a percentage increase equal to the rate of inflation plus the rate of population increase. However, additional appropriations may be made (a) for tax relief, (b) for deposits to the Revenue Stabilization Fund, or (c) nonrecurring capital projects. "Total appropriations" is defined so as not to include appropriated moneys that are received from the federal government or an agency or unit thereof. View Full Text »

Outcome

No Richmond Sunlight visitors voted on this bill while voting was open.