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SF 2722 Senate Long Description

2E Relating to the financing of state government; setting a limit for and an annual appropriation to the executive council for emergencies declared by the governor, specifying certain consultation requirements with the legislative advisory commission; requiring reports and recommendations to bring the state budget into compliance with generally accepted governmental accounting principles; requiring the commissioner of finance to report to the legislature annually by a certain date laws requiring the general fund budget not to be reported in accordance with the principles; requiring expenditure estimates to include an allowance for inflation; requiring commissioner consultation with legislative staff; requiring submission of a cash flow forecast; requiring timely submission of budget bills to implement the operating budget of the governor; providing for the continuance of appropriations for the operation of state government upon failure of the legislature to enact a major appropriation bill for state agencies by a certain date; allowing legislators to sue to enjoin expenditure of money out of the state treasury under certain conditions
(me)