From Deseret News archives:

Legislature may retain spending cap

Formula was meant to expire in 2005

Published: Friday, Nov. 12, 2004 10:21 p.m. MST
 |  E-MAIL | PRINT | FONT + - 
A cap on legislative spending could remain in place.

The State Appropriations and Tax Limitation Act, which is intended to keep spending by the Utah Legislature in check by only allowing expenditures to increase at a rate determined by the previous year's spending and adjusted for population and inflation growth, could become a permanent fixture in state code. Originally scheduled to "sunset," or expire, in 2005, the Government Operations Interim Committee agreed this week to remove the sunset provisions.

Despite the cap's intention, it does not significantly restrict state spending because appropriations for education, transportation or savings do not count against the cap.

The state has only bumped against the cap, and legislators simply removed the Centennial Highway Fund from being included under the cap. It does, however, show the Legislature's "willingness to put limits on ourselves," which can look good to bonding agencies, Rep. Ron Bigelow, R-West Valley, said.

Comments

You can be the first to comment on this story.

previousnext

Latest comments

Bronco, Kyle rubber match

Straight from Wikipedia, who would envy this? The 1984 NCAA Division I-A...

Letters: So long, Oprah

Ralph, how can you criticize something you say you have never seen?

Just wait until the Government money printing machine stops working aka...

The percentage argument does not hold water with me. Are you trying to tell...

Strong work Real! Congratulations! Very well done job to Rimando as well!

The folks of Holladay sound like an elitist group who need to climb down from...

If Hatch doesn't like the bill, why did he walk away? Why didn't he marshall...

Reagan much-beloved in Utah

With Reagan our debt started claiming. The Reagan Administration still holds...

2009 MLS Cup recap

amazing stats. russell was definitely an unlikely hero. anybody know when the...

Bronco, Kyle rubber match

Could be a while before they get a win over BYU. Not happening next year...

Advertisements