Fiscal Architecture
§12.4, §12.6
Budget and revenue
Each Consul submits a domain proposal, while the annual budget originates in the Assembly. Absent statute, proposals are due 120 days before the fiscal year. Fiscal affairs must preserve long-term sustainability while fulfilling constitutional obligations; there is no fixed MA deficit target or required balance-plan formula. The Legislature levies taxes and appropriates National Revenue Fund spending.
§12.2 — full provision →Interim continuity
Without a budget, or after optional repeal of the annual budget, automatic appropriations cover courts, active defense authorizations, Social State continuity, civil-service pay, sufficient institutional resources and debt service. Funding continues at the prior year’s inflation-adjusted level until a budget passes, without new or expanded programs. There is no automatic legislator-pay withholding penalty.
§12.2 — full provision →Monetary Authority and Endowment
The independent MA conducts monetary policy, issues currency, certifies fiscal integrity and manages the Endowment. Severe Revenue Contraction certification starts Endowment transfers for §12.1 obligations. Beyond twelve months, disbursement needs ordinary statutory authorization renewed at intervals no longer than twelve months. MA certification of the contraction’s end stops transfers. Surplus-year Endowment appropriations are mandatory.
§12.4 — full provision →Rights and equalization
Every Inhabitant has basic healthcare, adequate assistance and free compulsory childhood education under §12.1. Statutory changes cannot eliminate or substantially impair those guarantees. Equalization must supply reasonably sufficient State and Territory fiscal capacity for Social State and Article I obligations. The EM audits compliance; the Legislature publishes responses within statutory periods. Correct arithmetic alone does not prove constitutional sufficiency; findings do not prescribe policy.
§12.6 — full provision →