2009 SESSION
05/03
HOUSE BILL 369
AN ACT establishing a spending cap on state budget requests.
SPONSORS: Rep. Bettencourt, Rock 4
This bill limits increases in department budget requests based on the rate of inflation for the preceding year. Certain expenditure requests are exempt from the limitation.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
09-0530
05/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nine
AN ACT establishing a spending cap on state budget requests.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Budget and Appropriations; Limitation on Expenditure Requests. Amend RSA 9 by inserting after section 3-b the following new section:
9:3-c Limitation on Expenditure Requests. Each branch or department of the state shall limit any request for a budget increase for the ensuing biennium to an amount not to exceed one percent above the rate of inflation based on the Consumer Price Index - Urban, as published by the United States Department of Labor, for the preceding calendar year. The limitation on budget expenditure requests established in this section shall not apply to capital expenditures, payments on the principal and interest of any bond, or expenditures contingent on federal funding. This section shall not be interpreted to conflict with any contractual agreement entered into prior to the effective date of this act.
2 Effective Date. This act shall take effect 60 days after its passage.