HARRY HUGHES, Governor

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(C)  LEGISLATIVE OVERSIGHT SEEKS TO ELIMINATE
INEFFICIENCIES IN GOVERNMENTAL ACTIVITIES AND TO EVALUATE
PROGRAMS IN ORDER TO ELIMINATE THOSE NO LONGER REQUIRED AND
TO AVOID OVERLAP AND DUPLICATION OF SERVICES AND ACTIVITIES.

(D)  (1) THE LEGISLATIVE POLICY COMMITTEE SHALL BE
RESPONSIBLE FOR COORDINATING THE SPENDING AFFORDABILITY
PROGRAM OF THE GENERAL ASSEMBLY BY APPOINTMENT OF A SPENDING
AFFORDABILITY COMMITTEE AND BY SELECTION OF PROGRAM
EVALUATION PROJECTS AND DIRECTION OVER OVERSIGHT ACTIVITIES.

(2) THE GOAL OF THE SPENDING AFFORDABILITY
PROGRAM IS TO LIMIT THE RATE OF GROWTH OF STATE SPENDING TO
A LEVEL THAT DOES NOT EXCEED THE RATE OF GROWTH OF THE
STATE'S ECONOMY AS EXPRESSED BY THE ANNUAL INCREASE IN THE

PERSONAL INCOME OF THE STATE.

110.

(A)  BY JUNE 1 OF EACH YEAR THE LEGISLATIVE POLICY
COMMITTEE SHALL CREATE A SPENDING AFFORDABILITY COMMITTEE
COMPRISED OF AN EQUAL NUMBER OF SENATORS AND DELEGATES. THE
COMMITTEE MEMBERSHIP INCLUDES:

(1)  THE PRESIDENT OF THE SENATE AND THE SPEAKER
OF THE HOUSE OF DELEGATES;

(2)  THE CHAIRMEN OF THE SENATE BUDGET AND
TAXATION COMMITTEE AND THE HOUSE APPROPRIATIONS COMMITTEE;

(3)  THE MAJORITY AND MINORITY LEADERS OF THE
SENATE AND THE HOUSE OF DELEGATES OR THEIR DESIGNEES; AND

(4)  OTHER MEMBERS OF THE SENATE AND THE HOUSE OF
DELEGATES AS MAY BE APPOINTED BY THE PRESIDENT AND THE
SPEAKER;

(B)  THE CHAIRMAN OF THE COMMITTEE SHALL BE DESIGNATED
BY JOINT ACTION OF THE PRESIDENT AND THE SPEAKER.

(C)  THE PRESIDENT AND THE SPEAKER MAY APPOINT AN
ADVISORY COMMITTEE OF CITIZENS TO ASSIST THE SPENDING
AFFORDABILITY COMMITTEE IN ITS DELIBERATIONS.

111.

(A) THE SPENDING AFFORDABILITY COMMITTEE SHALL GIVE
DETAILED STUDY AND REVIEW TO THE STATUS AND PROJECTIONS OF
THE REVENUES AND EXPENDITURES OF THE STATE AND THE STATUS
AND PROJECTIONS OF THE ECONOMY OF THE STATE.

(B) THE COMMITTEE SHALL CONSIDER ECONOMIC INDICATORS
SUCH AS PERSONAL INCOME, GROSS STATE PRODUCT, OR OTHER DATA
IN EVALUATING FUTURE STATE EXPENDITURES.