S.21.1-16: Southern Budget Act of 2021 (Tabled)

[tmthforu94]

Southern Budget Act
Section 1: This bill will hereby be known as the Southern Budget Act of 2021

Section 2: Spending and Appropriations
A: for the fiscal period beginning in March of 2021, the following departments will be funded at the following levels

* Pensions
Base: $68.00 Billion
Total: $68.00 Billion (100.00%)

* Healthcare
Base: $190.17 Billion
Jeb Stuart Act: $500,000
Raccoon Resistance Act: $20 Million
Doctors and Hospitals Act: $149 Million
Generic Spending: $190.00 Billion
Total: $190.17 Billion (100.00%)

* Education
Base: $105.83 Billion
Development of Foreign Language Programs in Schools Act: $10 Million
Young Athletes Act: $5 Million
School is Cool Act: $5 Million
Opidate Overdose Prevention Act: $2 Million
Teaching Incentives Act: $76 Million
Go South Young Man Act: $735 Million
Generic Spending: $105.00 Billion
STEM in School Supply Enhancement Act: $1.08 Billion
Appreciate Our Teachers Act: $7.68 Billion
Total: $114.59 Billion (108.28%)

* Defense
Base: $0.50 Billion
Total: $0.50 Billion (100.00%)

* Welfare
Base: $30.76 Billion
Prison Reform Act: $170 Million
Inmate Resources: $165 Million
Obsolete Crimes Deletion: $30 Million
Generic Spending: $30.39 Billion
Total: $30.76 Billion (100.00%)

* Protection/Security
Base: $30.00 Billion
Total: $30.00 Billion (100.00%)

* Transportation
Base: $48.01 Billion
Naval Infrastructure Spending Act: $8 Billion
Everglades Protection: $10 Million
Fast Act Amendments: $3 Million
Fast Act Amendments Act: $3 Million
Generic Spending: $40.00 Billion
Total: $48.01 Billion (100.00%)

* General Government
Base: $11.16 Billion
Rough Bulldog Act: $8,000
Sales Tax Exemption: $7.45 Million
Southern Tax Relief Credit: $860 Million
Tax-Exempt HSAs Act: $19 Million
Asset Seizure: $311 Million
Southern Infrastructure Act Act: $10 Billion
Construction of Telescope: $500 Million
Asian Carp Suck Act: $1 Million
Gambling Immorality Tax Act: $57.35 Million
Southern Environmental Act: $2 Million
Promoting Patriotic Purchasing: $1 Million
Generic Spending: $9.96 Billion

2020 Total: $21.72 Billion (195.62%)

*New Spending from 2020:
Christmas Cheer Act: $125,000
Efficient Products Credit Act: x
Earn While You Learn Act: $5 Million
Access to Early Childhood Education Act: $6 Billion
Improved Public Transit Act: $2 Billion
Southern Small Business Administration Act: $7 Billion
Confederate Statues Removal Act: $25 Million
GARRISON Act: $15 Million
Justice in Policing Act: $120 Million
Family Opportunity Fund: $150 Billion
Sport Stadium Reopening Fund: $10 Million
Southern COVID-19 Vaccination Act: $2.55 Billion

New Spending from 2020 Legislation Total: $167,725,125,000

* Discretionary
Base: $50.00 Billion
Disaster Relief Fund Act: $10 Billion (allocated to come out of discretionary budget for previous year, included for completeness)
Southern Infrastructure Act Act: $5 Billion (allocated to come out of discretionary budget for previous year, included for completeness)
Total: $50.00 Billion (100.00%)

Total Regional Spending from 2020 Budget: $590.41 Billion
Total Regional Spending from 2021 Budget: $758.14 Billion

Section 3: Taxes and Revenue
A: For the fiscal period beginning in March 2020, taxes and revenues collected shall be the following:

* Income Tax
Base: $114.75 Billion (*Where did this number come from???)
Corporate (5% Tax): $22.28 Billion
Ho's Gotta Grind Act: $300 Million

Income Tax Rates (Added from Family Opportunity Fund):
[$0-$75,000] 0%
[$75,001-$125,000] 3.5%
[$125,001-$1,000,000] 7%
[$1,000,001+] 9.5%

Total: $137.33 Billion

* Social Security
Base: $76.93 Billion
Total: $76.93 Billion (0% tax)

* Additional/Ad Valorem
Base: $227.11 Billion
Excise/Marijuana: $3.76 Billion per year (20% Tax)
Prison Reform Act: $ 22.3 Million per year
Animal Welfare Act Tokens: $370,000
Celebrating Southern Region Act: $3.2 Million
Opiate Overdose Prevention Act: $841.4 Million per year
Abortion-related Taxes: $13.2 Million per year
Online Lottery Act: $314.7 Million per year
Gambling Taxes: $1.32 Billion per year
Southern Energy Act: $2.06 Billion

Gas Tax: $18 Billion per year (30 cents per gallon)
2020 Total: $235.45 Billion
2021 Total: $253.45 Billion

* Fees and Charges
Base: $96.95 Billion
Real ID Compliance: $20.3 Million
Gambling Act: $513.1 Million per year
Better Skools Act: $18.3 Million
Ban Ban Ban Act: $21.8 Million
One More Year Act: $8.1 Million
Total: $97.53 Billion

* Business and Other Revenue
Base: $58.71 Billion
Total: $58.71 Billion (0% Tax)

2020 Total regional revenue: $605.94 Billion
2020 Reserves: $22.00 Billion
2020 Balance: +$15.53 Billion
2020 Reserves + Balance: $37.53 Billion

2021 Total regional revenue: x
2021 Reserves $37.53 Billion
2021 Balance: x
2021 Reserves + Balance: x

Section 4: Implementation
This bill will take effect immediately upon becoming law

Sponsor: Governor LT

Minimum 48 hours debate (we will go well beyond that, believe me). The Governor is invited to speak on the budget proposal.

[President Punxsutawney Phil]

I look forward to what the Governor says about this proposal, when that time comes of course.

[At-Large Senator LouisvilleThunder]

I compiled the spending from last year's legislation and researched the cost estimates. You all can ask me for the work if you're unsure. I also am unsure how the current income tax was prior to the passage of the passage of the Family Opportunity Fund in the budgets of 2019 and 2020. This is an outline so that we can finally get debating on this.

[S019]

The median income in Atlasia is $31,000, I really don't think people making more than double that should pay no income taxes. Also a less than 10% income tax on millionaires is a pretty bad idea too.

[At-Large Senator LouisvilleThunder]

The median income in Atlasia is $31,000, I really don't think people making more than double that should pay no income taxes. Also a less than 10% income tax on millionaires is a pretty bad idea too.

I prefer keeping taxes in the South as low as reasonably possible in all brackets.

[S019]

The median income in Atlasia is $31,000, I really don't think people making more than double that should pay no income taxes. Also a less than 10% income tax on millionaires is a pretty bad idea too.

I prefer keeping taxes in the South as low as possible in all brackets.

Then you don't have enough to fund social services which basically turns you into Brownback era Kansas.

[At-Large Senator LouisvilleThunder]

The median income in Atlasia is $31,000, I really don't think people making more than double that should pay no income taxes. Also a less than 10% income tax on millionaires is a pretty bad idea too.

I prefer keeping taxes in the South as low as possible in all brackets.

Then you don't have enough to fund social services which basically turns you into Brownback era Kansas.

Only 4 states in the RL US have top tax rates higher than 10%. I'm sure we can strike a comfortable balance between Brownback Kansas and the Labor party ran regions.

[reagente]

I think we will need to amend this to include funds allocated by the MERAMEC Act, but otherwise is there any other area of substantive discussion to be had? We need to move soon if we want this bill passed before the end of the session.

[tmthforu94]

Due to the bill not being passed by end of session, it is tabled and must be reintroduced.