Amendments To The Law On Budget And Financial Management

Original Language Title: Grozījumi Likumā par budžetu un finanšu vadību

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Read the untranslated law here: https://www.vestnesis.lv/op/2013/80.1

The Saeima has adopted and the President promulgated the following laws: the law on budget and financial management to make the law on budget and financial management (Latvian Saeima and the Cabinet of Ministers rapporteur, 1994, no. 8; 1996; 1997, no. 24, no. 21; 1998, nr. 9; 1999, no. 24; 2001, nr. 1; 2002; 2003, 23, the No. 2, no. 2., 24; 2005, no. 3, no; 2007; 2008 , 1, 24 no; 2009, 13, 15, 20 no; Latvian journal, 2009, 200. no; 2010, 206.178. no; 2011, 103, 117, 184, 204. no; 2012, no 190) the following amendments: 1. Add to article 2, the first part of the sentence by the following: "financial management implemented, subject to the law of fiscal discipline laid down in the principles of fiscal policy." 2. Supplement article 5 with the fourteenth and fifteenth part as follows: "Cabinet of Ministers (14) governs the order in which the public authorities grant State budget funding for private public administration tasks and monitor the use of funding granted. (15) the term "private person" in the fourteenth paragraph of this article have used Government equipment within the meaning of the law. " 3. Add to the second paragraph of article 8, the words "and law of fiscal discipline." 4. Supplement article 9 the 14th part of introductory paragraph, after the word "five" with the word "work". 5. Supplement article, part 3.1 16.1 the following: "(31), the Cabinet of Ministers may establish that the ministries and other central public authorities, when preparing new policy initiatives, is also based on other development programming documents the priorities and goals, including taking into account the need to make budgetary institutions administrative capacity-building measures." 6. in article 16.2: make the first paragraph by the following: "(1) the Minister of Finance shall ensure that each year is developed medium-term budgetary framework the draft law for the next three financial years, and submit it to the Cabinet in accordance with the medium-term budgetary framework law project and the annual State budget act in the development and submission of a project schedule."; Add to the second paragraph, the introductory paragraph with the words "Act of fiscal discipline, as well as the indicators"; turn off the other parts 2, 3 and 4; Add to paragraph 7 of the second paragraph with the words "as well as the resources to cover this expenditure;" turn off the third; to make a fifth by the following: "(5) the second paragraph of this article, paragraph 7 of the values of the medium-term budgetary framework law project development process with regard to the first and second years of operation it is specified according to the sixth paragraph of this article and of the conditions of the projected changes in the macroeconomic situation."; replace the introductory paragraph of the sixth part of the words and figures "fifth part 1 and 2" with the words "fifth part"; express the sixth paragraph 2 by the following: "2) changes in the revenue from fees and other revenue and satisfy those same publications;" express the sixth paragraph 5 by the following: "5) changes the General expenditure due to urgent national social benefits and pension beneficiary contingent forecasts, as well as the projected average amount of the retirement pension changes;" Add to sixth with 6.1 points by the following: ' 61) changes the maintenance costs resulting from the capital investments (including the policy instruments of the European Union and other foreign financial assistance in the framework of funds investments) and further financed from the State budget according to the agreements, other supporting documents or statements; " Replace paragraph 7 of the sixth paragraph, the words "a Ministry or other Central Government authorities" with the words "budget resort". 7. Express article 18, part 5, paragraph 1.1 the following: "5) If changes to the General expenditure is related to the change of State social benefits and pension beneficiary contingent forecasts, as well as the projected average amount of the retirement pension changes;" 8. Article 19: replace the second paragraph, the words "the Minister of finance in the development of the annual national budget draft law" with the words "the Minister of finance delivers the annual State budget act in the development of the project"; to make the seventh subparagraph by the following: "(7) the cabinet shall have the right to include in the State budget without budget request funds for contingencies, reserve and retained the appropriations for funding political instrument of the European Union and other foreign financial assistance for the implementation of projects and activities." 9. Turn 21. the second paragraph of article 18. 10. Add to article 36 to the 5.3 the part as follows: "(53) loans may be issued to port authorities the European Union co-financed projects and foreign-funded financial assistance for the implementation of the project." 11. Express article 37 the fifth subparagraph by the following: "(5) the guarantees given on behalf of the State: 1) for liabilities that investing takes a merchant who invested in State and local Government of the capital and who according to the classification of institutional sectors are included in the non-financial business sector; 2) taken on commitments to provide funding to the legislation approved business support programmes; 3) study and student lending. " 12. Add to article 41 of the fifth paragraph after the word "five" with the word "work". 13. transitional provisions: off 64; transitional provisions be supplemented with 66, 67, 68, 69 and 70 of the following paragraph: "66. This law 16.1 article referred to in the first subparagraph of the medium-term budgetary framework law project and the annual State budget act in the development of the project and the timetable for the submission of projects for the 2014 Finance Minister submitted to the Cabinet of Ministers of March 1, 2014, and 2015 — up to 1 March 2015. 67.2013, 2014 and 2015. the Cabinet of Ministers submitted to the Saeima for the medium-term budgetary framework law project in conjunction with the annual national budget law project (the budget bill in the package). Ministries and other Central Government authorities for years to develop a national budget request to the Cabinet ceiling the national budget expenditure in the total amount, calculated according to this law, in the fourth paragraph of article 16.2 of the procedures laid down. The Cabinet of Ministers in the years in question, the maximum public spending in total volume, provides in article 16.2 of this law in the eighth and article 19 of the fifth and sixth conditions contained in part. 68. in 2013, 2014 and 2015. in article 16.2 of this law in the seventh conversation referred to in part be held simultaneously with the law "on local government budgets," referred to in article 13. The results are presented in the form of a Protocol and added to the annual State budget law project (budgetary package). 69. Article 36 of this law is in effect part of 5.3 to 31 December 2015. 70. Article 5 of this law in the fourteenth part of these provisions, the Cabinet of Ministers issued until July 1, 2014. " The law shall enter into force on the day following its promulgation. The Parliament adopted the law in 2013 on April 4. The President of the Parliament instead of the President's Āboltiņ 2013 in Riga on April 25.