Indiana Statutes

§ 4-10-21-7 — Exemptions by action of general assembly

Indiana·Art. 10 STATE FUNDS GENERALLY·Ch. 21 Business Cycle State Spending Controls
(a)An appropriation otherwise subject to the state spending cap limitation imposed by section 5 of this chapter shall be treated as exempt from the state spending cap limitation only if the general assembly specifically exempts the appropriation from the state spending cap in clear and unambiguous language contained in the bill making the appropriation.
(b)The following language shall be treated as meeting the requirements of subsection (a): "The general assembly waives the state spending cap limitation imposed by IC 4-10-21-5 for the state fiscal year beginning July 1, (insert the applicable year), and ending June 30, (insert the applicable year), for the following appropriation: (insert the language of the appropriation). Notwithstanding IC 4-10-21-5(a)(1), the budget agency may allot

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Legislative History

As added by P.L.192-2002(ss), SEC.4.

Nearby Sections

15
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