H.B. No. 93 proposes amendments to the Government Code that establish limitations on the growth rate of state and local appropriations, ensuring that such growth does not exceed the average taxpayer's ability to fund government services. The bill defines "all funds appropriations" and sets specific criteria for calculating the growth limits based on the average annual rates of population growth and inflation over the preceding three years. The Legislative Budget Board is tasked with determining these growth rates and ensuring compliance with the new limits before transmitting budget recommendations to the governor or legislature.

Additionally, the bill mandates that any over-collected taxpayer money must be returned through tax reductions. The proposed changes will only apply to appropriations made for the state fiscal biennium beginning September 1, 2025, and subsequent bienniums. The bill emphasizes the importance of fiscal responsibility and accountability in state budgeting, aiming to align government spending with the financial capabilities of taxpayers.

Statutes affected:
Introduced: Government Code 316.001, Government Code 316.007, Government Code 316.008 (Government Code 316)