2.2-1503.1 - Filing of six-year financial outline by Governor. - Virginia Statutes

§ 2.2-1503.1. Filing of six-year financial outline by Governor.

On or before the first day of each regular session of the General Assemblyheld in an even-numbered year, the Governor shall prepare and submit to themembers of the General Assembly a financial plan for a prospective period ofsix years. The plan shall consist of (i) the Governor's biennial budgetsubmitted pursuant to subsection A of § 2.2-1508, (ii) estimates ofanticipated general fund and nongeneral fund revenue prepared for anadditional period of four years pursuant to § 2.2-1503, and (iii) estimatesof the general and nongeneral fund appropriations required for each majorprogram for an additional period of four years. In preparing such financialplan, the Governor may utilize the estimate prepared by each agency pursuantto § 2.2-1504, or such other information as he may deem necessary.

(2002, cc. 480, 486.)