The Bihar Appropriation (Excess Expenditure) Act, 2019

The Bihar Appropriation (Excess Expenditure) Act, 2019

Finance20193 sections

The Bihar Appropriation Excess Expenditure Act, 2019 authorizes the state government of Bihar to withdraw 1,424,702,239 rupees from the Consolidated Fund of the State to regularize spending that exceeded authorized budget allocations across several past financial years ranging from 1977 to 2016. It applies to the government departments, executive authorities, and financial officers of Bihar responsible for state expenditure during those fiscal periods. This legislation is vital for public finance and legal compliance because Indian state governments cannot lawfully spend money beyond sanctioned budget limits without post-facto legislative approval, thereby maintaining fiscal accountability and transparency in public accounting.

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