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Filing of six-year financial outline by Governor; alternative estimates.

It became law on Apr 2, 2025.

VA SB 1474 · Senate Bill · 2025

Stage
Became law
Started in
Senate
Sponsor
Louise Lucas
Latest action
Apr 2, 2025

What it does

Filing of six-year financial outline; alternative recession estimates; revenue estimates based on Governor's Advisory Council on Revenue Estimates. Requires the Governor to include, in addition to all other requirements in law, (i) alternative recession estimates of anticipated general fund and nongeneral fund revenue and (ii) revenue estimates for the general fund and nongeneral fund based on the assumptions presented to the Governor's Advisory Council on Revenue Estimates in his financial plan for a prospective period of six years submitted to the General Assembly.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 2, 2025

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

It is law in Virginia. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Filing of six-year financial outline by Governor; alternative estimates. | 52