VirginiaSB14742025 Regular SessionSenate

Filing of six-year financial outline by Governor; alternative estimates.

Sponsored By: L. Louise Lucas (Democratic)

To Governor

Summary

Filing of six-year financial outline; alternative recession estimates; revenue estimates based on Governor's Advisory Council on Revenue Estimates. Requires the Governor to include, in addition to all other requirements in law, (i) alternative recession estimates of anticipated general fund and nongeneral fund revenue and (ii) revenue estimates for the general fund and nongeneral fund based on the assumptions presented to the Governor's Advisory Council on Revenue Estimates in his financial plan for a prospective period of six years submitted to the General Assembly.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • L. Louise Lucas

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 425 • No: 1

Senate vote • 4/2/2025

Senate concurred in Governor's recommendation

Yes: 40 • No: 0

House vote • 4/2/2025

House concurred in Governor's recommendation

Yes: 94 • No: 1

Senate vote • 2/20/2025

House Amendments agreed to by Senate

Yes: 39 • No: 0

House vote • 2/19/2025

Passed House with amendments Block Vote

Yes: 97 • No: 0

House vote • 2/14/2025

Reported from Appropriations with amendment(s)

Yes: 21 • No: 0

Senate vote • 1/31/2025

Passed Senate Block Vote

Yes: 40 • No: 0

Senate vote • 1/31/2025

Constitutional reading dispensed Block Vote (on 3rd reading)

Yes: 40 • No: 0

Senate vote • 1/30/2025

Constitutional reading dispensed Block Vote (on 1st reading)

Yes: 39 • No: 0 • Other: 1

Senate vote • 1/29/2025

Reported from Finance and Appropriations

Yes: 15 • No: 0

Actions Timeline

  1. Senate concurred in Governor's recommendation (40-Y 0-N)

    4/2/2025Senate
  2. Acts of Assembly Chapter text (CHAP0636)

    4/2/2025Governor
  3. Enacted, Chapter 636 (Effective 07/01/2025)

    4/2/2025House
  4. Signed by Speaker as reenrolled

    4/2/2025House
  5. Signed by President as reenrolled

    4/2/2025Senate
  6. Reenrolled bill text (SB1474ER2)

    4/2/2025Senate
  7. Reenrolled

    4/2/2025Senate
  8. Governor's recommendation adopted

    4/2/2025Governor
  9. House concurred in Governor's recommendation (94-Y 1-N)

    4/2/2025House
  10. Governor's recommendation received by Senate

    3/24/2025Governor
  11. Governor's Action Deadline 11:59 p.m., March 24, 2024

    3/11/2025Governor
  12. Enrolled Bill Communicated to Governor on March 11, 2025

    3/11/2025Senate
  13. Signed by President

    3/10/2025Senate
  14. Fiscal Impact Statement from Department of Planning and Budget (SB1474)

    3/7/2025Senate
  15. Bill text as passed Senate and House (SB1474ER)

    3/7/2025Senate
  16. Enrolled

    3/7/2025Senate
  17. Signed by Speaker

    3/7/2025House
  18. House Amendments agreed to by Senate (39-Y 0-N)

    2/20/2025Senate
  19. Passed House with amendments Block Vote (97-Y 0-N)

    2/19/2025House
  20. Engrossed by House as amended

    2/19/2025House
  21. Appropriations Amendments agreed to

    2/19/2025House
  22. Read third time

    2/19/2025House
  23. Read second time

    2/18/2025House
  24. Reported from Appropriations with amendment(s) (21-Y 0-N)

    2/14/2025House
  25. Assigned Approps sub: General Government and Capital Outlay

    2/6/2025House

Bill Text

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