VA SB497 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2016 - 25% progression, died in chamber
Action: 2016-01-27 - Passed by indefinitely in Finance (11-Y 4-N)
Text: Latest bill text (Prefiled) [HTML]

Summary

Submission of executive budget; zero-based budgeting. Requires, beginning in the 2018-2020 biennium, that "The Executive Budget" and all "Executive Budgets" shall be prepared and formulated using zero-based budgeting principles. The bill requires that such zero-based budgets reflect the amount of funding deemed necessary to achieve the most cost-effective performance of each agency or department pursuant to an accompanying narrative delineating the tasks to be performed by each agency or department, together with the goals and objectives for each agency or department. Each such budget shall have a zero dollar amount as its initial basis and shall not reflect any prior appropriation amount, adjusted or otherwise.

Tracking Information

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Title

Executive budget; zero-based budgeting principles.

Sponsors


Roll Calls

2016-01-27 - Senate - Senate: Passed by indefinitely in Finance (11-Y 4-N) (Y: 11 N: 4 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2016-01-27SenatePassed by indefinitely in Finance (11-Y 4-N)
2016-01-12SenateReferred to Committee on Finance
2016-01-12SenatePrefiled and ordered printed; offered 01/13/16 16100932D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
221508(n/a)See Bill Text

Virginia State Sources


Bill Comments

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