Passed in Hindi by the Himachal Pradesh Vidhan Sabha. For Statement of

Objects and Reasons, see the Rajpatra, Himachal Pradesh (Extra-ordinary), dated th

March, 2005, pp. 4093 and 4100.

THE HIMACHAL PRADESH FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2005

consistent with fiscal stability, greater transparency in fiscal operations of the State Government and conduct of fiscal policy in a medium term fiscal framework and for matters connected therewith or incidental thereto. Amended, repealed or otherwise affected by:-

1. (i) H.P. Act No. 26 of 2005 , assented to by the Governor on the th

th

September, 2005, pp. 2949-2954, effective from 21

st June, 2005.

1. (ii) H.P. Act No. 25 of 2011 assented to by the Governor on 31 st

March, 2011, published both in Hindi and English in the

Rajpatra, Himachal Pradesh, dated 2 nd April, 2011, pp. 43-45.

1. (iii) H.P. Act No. 4 of 2021

, assented to by the Governor on the

th

April, 2021, published both in Hindi and English in the

Rajpatra, Himachal Pradesh (e-Gazette), dated 23 rd April, 2021, pp. 419-421, effective from 1 st January, 2020.

1. (iv) H.P. Act No. 15 of 2022 assented to by the Governor on the th September, 2022, published in the Rajpatra, Himachal Pradesh (e-Gazette), dated 10 th October, 2022, pp. 5529-5531.
2. (v) H.P. Act No. 1 of 2023 assented to by the Governor on the th January, 2023, published in the Rajpatra, Himachal Pradesh (e-Gazette), dated 30 th January, 2023, pp. 9583-9586. BE it enacted by the Legislative Assembly of Himachal Pradesh in the Fifty-sixth Year of the Republic of India, as follows:- CHAPTER-I PRELIMINARY

1. Short title and commencement.- (1) This Act may be called the

Himachal Pradesh Fiscal Responsibility and Budget Management Act, 2005.

1. Passed in the Himachal Pradesh Vidhan Sabha and for Statement of Objects and

Reasons, see the Rajpatra, Himachal Pradesh (Extra-ordinary), dated 9 th August, 2005, pp. 2315 and 2320.