(B) If the General Assembly recognizes the deficit, then the actual deficit at the close of the fiscal year must be reduced as necessary from surplus revenues or surplus funds available at the close of the fiscal year in which the deficit occurs and from funds available in the General Reserve Fund and the Capital Reserve Fund, as required by the Constitution of this State. Section 27950. Once a deficit has been recognized by the General Assembly, the state agency, department, or institution shall limit travel and conference attendance to that which is deemed essential by the director of the agency, department, or institution. In addition, the General Assembly, when recognizing a deficit may direct that any pay increases and purchases of equipment and vehicles must be approved by the Executive Budget Office.” B. Section 111495 of the 1976 Code, as last amended by Act 152 of 2010, is repealed. Subpart 4 SECTION 15. Section 2772 of the 1976 Code is amended to read: 2772. Whenever a bill or resolution is introduced in “Section the General Assembly requiring the expenditure of funds, the principal author shall affix a statement of estimated fiscal impact and cost of the proposed legislation. Before reporting the bill out of committee, if the amount is substantially different from the original estimate, the committee shall attach a statement of estimated fiscal impact to the bill signed by the Executive Director of the State Budget Division of the State Budget and Control Board Legislative Fiscal Office or his designee. As used in this section, of estimated fiscal means the opinion ‘statement impact’ of the person executing the statement as to the dollar cost to the State for the first year and the annual cost thereafter.” SECTION 16. Section 2773 of the 1976 Code is amended to read: 2773. (A) Any bill or resolution which would “Section mandate a health coverage or offering of a health coverage by an insurance carrier, health care service contractor, or health
(B) If the General Assembly recognizes the deficit, then the actual deficit at the close of the fiscal year must be reduced as necessary from surplus revenues or surplus funds available at the close of the fiscal year in which the deficit occurs and from funds available in the General Reserve Fund and the Capital Reserve Fund, as required by the Constitution of this State. Section 27950. Once a deficit has been recognized by the General Assembly, the state agency, department, or institution shall limit travel and conference attendance to that which is deemed essential by the director of the agency, department, or institution. In addition, the General Assembly, when recognizing a deficit may direct that any pay increases and purchases of equipment and vehicles must be approved by the Executive Budget Office.” B. Section 111495 of the 1976 Code, as last amended by Act 152 of 2010, is repealed. Subpart 4 SECTION 15. Section 2772 of the 1976 Code is amended to read: “Section 2772. Whenever a bill or resolution is introduced in the General Assembly requiring the expenditure of funds, the principal author shall affix a statement of estimated fiscal impact and cost of the proposed legislation. Before reporting the bill out of committee, if the amount is substantially different from the original estimate, the committee shall attach a statement of estimated fiscal impact to the bill signed by the Executive Director of the State Budget Division of the State Budget and Control Board Legislative Fiscal Office or his designee. As used in this section, ‘statement of estimated fiscal impact’ means the opinion of the person executing the statement as to the dollar cost to the State for the first year and the annual cost thereafter.” SECTION 16. Section 2773 of the 1976 Code is amended to read: “Section 2773. (A) Any bill or resolution which would mandate a health coverage or offering of a health coverage by an insurance carrier, health care service contractor, or health
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