General fund appropriations; automatic reduction by Governor. (HB108)

Introduced By

Del. Bob Purkey (R-Virginia Beach) with support from co-patron Del. Jeff Frederick (R-Woodbridge)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Automatic reduction in general fund appropriations by Governor. Requires the Governor, whenever general fund revenue collections for a period of six months or more show that year-to-date revenue growth is in excess of 1% below the official estimate upon which the appropriation act is based for such fiscal year, to institute an across-the-board percentage reduction in general fund appropriations to all executive branch agencies, which shall equal at least one-half of the revenue shortfall. Such action shall be communicated to the chairmen of the money committees within five days of its adoption. Read the Bill »


Bill Has Failed


12/22/2005Prefiled and ordered printed; offered 01/11/06 063676472
12/22/2005Referred to Committee on Appropriations
01/23/2006Fiscal impact statement from DPB (HB108)
02/15/2006Left in Appropriations