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SF 11 Senate Long Description

1E Relating to the financing of state government; setting a limit and annual appropriation to the executive council for emergencies declared by the governor, specifying certain consultation requirements with legislative advisory commission; requiring reports and recommendations to bring state budget into compliance with generally accepted governmental accounting principles; requiring commissioner of finance to report to legislature annually by a certain date on 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 submission of cash flow forecast; providing for a deadline for modifying the budget after the February forecast; providing for the continuance of appropriations for the operation of state government upon failure of legislature to enact a major appropriation bill for state agencies by a certain date
(me)