Report: 'Bill advances, would raise limit for cuts'

From The Advocate:

Legislation aimed at increasing the amount of cuts lawmakers can make in a deficit year and being able to make those cuts every year passed the Louisiana House on Monday.

Senate Bills 1 and 2, sponsored by Senate President Joel Chaisson II, D-Destrehan, withstood many questions as the Legislature came up against one of the deadlines for bill consideration.

SB1 is a proposed constitutional amendment that would allow up to 10 percent — rather than the current 5 percent — of each state statutory dedication to be cut when there is a budget deficit. Anything in excess of 5 percent would have to be approved by the Legislature.

If approved by a two-thirds vote of the Legislature, the state’s voters would have to concur in an October 2010 election.

 

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