Bill
LC 4055
LC 4055 aimed to modernize state budgeting with performance-based funding and transparency; but the draft died in process, so no enactment yet.
Status and basic facts
- Bill Number: LC 4055
- Title: Generally revise laws related to state budgeting and performance
- Subject: State Finance (Appropriations; Taxation Subjects)
- Introduced: December 15, 2024
- Classification: Bill
- Status: Draft Died in Process (LC)
- Legislative Actions:
- 2024-12-15: Drafter Assigned
- 2025-05-22: Draft Died in Process
Overview
LC 4055 is a draft bill that signals an intent to revise generally the laws governing state budgeting and performance. The available information does not include the bill’s full text, specific provisions, or numeric details. The title indicates a broad reform of how budgeting is structured, executed, and evaluated for performance, potentially touching the budgeting process, performance measurement, accountability, and related fiscal statutes.
Purpose and intended impact (based on title)
- Modernize or restructure the state’s budgeting framework
- Introduce or modify performance-based budgeting or program evaluation mechanisms
- Improve alignment between budget decisions and performance outcomes
- Clarify interrelationships among budgeting, appropriations, and taxation statutes
- Enhance transparency and accountability in how public funds are planned, spent, and assessed
Key provisions (note on specificity)
- The exact provisions are not provided in the available information. If enacted, the bill could plausibly address topics such as:
- Revisions to budgeting procedures and timelines
- Requirements for performance reporting or dashboards for state programs
- Standards for evaluating program effectiveness and tying performance results to funding decisions
- Roles and responsibilities of the executive budget office, legislature, and state agencies
- Coordination or cross-references with existing appropriation and tax-related statutes
- Readers should consult the bill’s full text for precise language, definitions, and requirements.
Who would be affected
- State agencies and departments implementing budgeting and performance reporting
- The governor’s budget office and the legislature (budget authors and committees)
- Entities involved in state-wide performance accountability and transparency
- The general public and taxpayers, through potentially enhanced reporting and oversight
Procedural and timeline considerations
- Introduced late in 2024 (December 15)
- Draft assigned to a drafter (December 15, 2024)
- The draft died in process as of May 22, 2025, meaning it did not advance toward passage in its current form
- With the bill listed as “Died in Process,” there is no enacted effect; future action could include reintroduction in a future session or committee consideration if sponsors choose to refile
Important note
- This summary reflects only the information provided. The actual text of LC 4055 would be necessary to detail specific provisions, fiscal impacts, and precise administrative changes.
Compiled from official sources — confirm details with the bill’s official record.
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