Bill Text: GA SB480 | 2009-2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: State Council of Economic Advisors; creation; provide composition, duties, and responsibilities

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Vetoed) 2010-06-08 - Veto V23 [SB480 Detail]

Download: Georgia-2009-SB480-Amended.html

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10 AM 28 1038

ADOPTED
Senator Hill of the 4th offered the following amendment:

Amend SB 480 (LC 28 5158) by inserting after "Governor" on line 14 ", one of whom shall be the Governor's Economic Advisor who shall serve as chairperson of the council" and by striking lines 23 through 35 and inserting in lieu thereof the following:

(f) The council shall recommend to the Governor annually an estimated range of the amount of unappropriated surplus expected to have accrued in the state treasury at the beginning of the next fiscal year and the total treasury receipts from existing revenue sources anticipated to be collected in the next fiscal year, less anticipated refunds, for the purposes of preparing the Governor's revenue estimate for the next fiscal year. Such recommendation shall be non-binding and shall be made not later than July 31 for the budget for the next fiscal year and not later than September 30 for the amended budget. Such recommendation shall be submitted to the Governor, the Speaker of the House, the Lieutenant Governor, and the chairs of the House and Senate Appropriations Committees."