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LC 4054

Generally revise laws related to state budgeting and performance

2025 Regular Session

LC 4054 would broadly revise state budgeting and performance laws; with no text released and the draft died in process, no changes are enacted, though reforms could come.

(LC) Draft Died in Process
#statefinance(seealso:appropriations;taxationsubjects)
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WeVote Research Nonpartisan
Bill Summary · LC 4054

Summary: LC 4054 – Generally revise laws related to state budgeting and performance

Key facts
- Bill Number: LC 4054
- Title: Generally revise laws related to state budgeting and performance
- Status: Draft Died in Process
- Introduced: December 15, 2024
- Classification: bill
- Subject: State Finance (Appropriations; Taxation Subjects)
- Legislative actions:
- 2024-12-15: Drafter Assigned
- 2025-05-22: Draft Died in Process

Overview

LC 4054 is a draft bill from the Legislative Counsel that proposes broad revisions to the state’s budgeting and performance-related laws. The exact text and provisions have not been publicly released, so the summary below focuses on what can be discerned from the bill’s title, status, and typical scope of similar measures.

Purpose and Intent

  • The title indicates an intent to generally revise laws governing state budgeting and performance. This suggests a broad reexamination of how the state plans, allocates, and evaluates public funds and performance outcomes.
  • The bill is categorized under State Finance, with potential intersections with Appropriations and Taxation subjects, implying bold changes to financial management, budgeting processes, and possibly accountability mechanisms.

Key Provisions (Note: text not publicly available)

  • Specific provisions are not provided in the available record. As a result, concrete provisions, statutory amendments, new requirements, or funding mechanisms cannot be enumerated.
  • Based on the title, potential areas such revisions might cover (if developed) could include:
    • Reforms to the budgeting process (e.g., biennial vs. annual budgeting, baseline budgeting, multi-year planning)
    • Performance-based budgeting or performance metrics to influence funding decisions
    • Enhanced reporting and transparency requirements for agencies
    • Reallocation or prioritization criteria for appropriations
    • Administrative or governance changes to budgeting offices or oversight bodies
    • Alignment of budgeting with tax policy or revenue forecasting

Important: These are plausible topics for a broad budgeting/ performance revision bill, but are not stated in the available record for LC 4054.

Affected Parties

  • State budgeting and finance offices (e.g., budget director, fiscal analysts)
  • Legislative budget/appropriations committees
  • State agencies and departments subject to budgeting and performance reporting
  • Tax administrators and revenue forecasting entities if tax/appropriations provisions are involved
  • Taxpayers and the public, through transparency and accountability requirements

Procedural and Timeline Aspects

  • Introduced: December 15, 2024
  • Drafter Assigned: December 15, 2024
  • Status: Draft Died in Process as of May 22, 2025
  • Implications: With the draft having died in process, there is no enacted effect, and no current legal changes are in place from LC 4054. The bill could be reintroduced in a future session by sponsors or renewed by the legislature.

Potential Impact if Enacted (Hypothetical)

  • If enacted with substantive provisions, the bill could alter how the state plans, approves, and monitors spending.
  • Possible improvements in budgeting transparency, accountability, and alignment of funding with performance outcomes.
  • Potential changes to timelines for budget cycles, reporting requirements, or interagency coordination.
  • Any new requirements could affect agency workloads, data systems, and compliance costs.

Next Steps

  • Monitor for any reintroduction or replacement bills in future sessions.
  • When the public text becomes available, review the specific amendments and implementation timelines to assess fiscal and administrative impact.

If you’d like, I can update this summary with exact provisions and impact once the bill text is released.

Compiled from official sources — confirm details with the bill’s official record.

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