Six-year financial plan; modifies requirements for plans submitted by Governor to General Assembly. (HB712)

Introduced By

Del. Luke Torian (D-Woodbridge)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Six-year financial plan. Modifies the requirements for the six-year financial plan submitted by the Governor to the General Assembly by (i) requiring that such plan be submitted on or before the first day of each regular session of the General Assembly instead of on or before the first day of each regular session of the General Assembly held in an even-numbered year as required by current law and (ii) providing that such plan ensure structural balance between projected revenues and expenditures for the six-year period. This bill is identical to SB 399. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2024Committee
01/09/2024Prefiled and ordered printed; offered 01/10/24 24103293D
01/09/2024Referred to Committee on General Laws
01/16/2024Impact statement from DPB (HB712)
01/23/2024Referred from General Laws
01/23/2024Referred to Committee on Appropriations
01/24/2024Assigned App. sub: General Government and Capital Outlay
01/29/2024Subcommittee recommends reporting with substitute (7-Y 0-N)
01/31/2024Reported from Appropriations with amendment(s) (22-Y 0-N) (see vote tally)
01/31/2024Committee substitute printed 24106442D-H1
01/31/2024Reported from Appropriations with substitute (22-Y 0-N) (see vote tally)
02/01/2024Impact statement from DPB (HB712H1)
02/02/2024Read first time
02/05/2024Read second time
02/05/2024Committee substitute agreed to 24106442D-H1
02/05/2024Engrossed by House - committee substitute HB712H1
02/06/2024Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/06/2024VOTE: Block Vote Passage (99-Y 0-N) (see vote tally)
02/07/2024Constitutional reading dispensed
02/07/2024Referred to Committee on Finance and Appropriations
02/21/2024Reported from Finance and Appropriations with substitute (14-Y 0-N) (see vote tally)
02/21/2024Committee substitute printed 24108096D-S1
02/22/2024Impact statement from DPB (HB712S1)
02/22/2024Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/23/2024Read third time
02/23/2024Reading of substitute waived
02/23/2024Committee substitute agreed to 24108096D-S1
02/23/2024Engrossed by Senate - committee substitute HB712S1
02/23/2024Passed Senate with substitute (39-Y 0-N) (see vote tally)
02/27/2024Senate substitute rejected by House 24108096D-S1 (1-Y 97-N)
02/27/2024VOTE: REJECTED (0-Y 97-N) (see vote tally)
02/29/2024Senate insisted on substitute (39-Y 0-N) (see vote tally)
02/29/2024Senate requested conference committee
03/01/2024House acceded to request
03/01/2024Conferees appointed by House
03/01/2024Delegates: Torian, Sickles, Coyner
03/04/2024Passed by for the day
03/05/2024Conferees appointed by Senate
03/05/2024Senators: Deeds, McDougle, Locke
03/06/2024C Amended by conference committee
03/06/2024Conference substitute printed 24108962D-H2
03/06/2024Conference report agreed to by House (98-Y 0-N)
03/06/2024VOTE: Adoption (98-Y 0-N)
03/07/2024Impact statement from DPB (HB712H2)
03/09/2024Conference report agreed to by Senate (40-Y 0-N)
03/25/2024Enrolled
03/25/2024Bill text as passed House and Senate (HB712ER)
03/25/2024Signed by President
03/26/2024Signed by Speaker
03/27/2024Enrolled Bill communicated to Governor on March 27, 2024
03/27/2024G Governor's Action Deadline 11:59 p.m., April 8, 2024
03/28/2024G Approved by Governor-Chapter 203 (effective 7/1/24)
03/28/2024G Acts of Assembly Chapter text (CHAP0203)

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