Establishes a biennial budgeting system for New York, replacing the annual budget process.
This bill proposes amendments to the New York State Constitution to establish a biennial budgeting system, replacing the current annual budget process. The governor would submit a budget proposal to the legislature every two years, containing a complete plan of expenditures and revenue estimates for the next two fiscal years. The legislature would review and approve the budget, with the governor required to submit itemized estimates of financial needs to the appropriate committees.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.