SB1010

Pennsylvania SB1010 proposes constitutional amendments to change the state's fiscal period from one year to two years.

Pennsylvania SB1010 proposes integrated amendments to the Constitution of Pennsylvania, changing the Commonwealth's fiscal period from one year to two years. The bill outlines changes to the state's fiscal management, including adjustments to the Governor's budget submissions, the General Assembly's appropriations, and the handling of surplus funds. The proposed changes require the Governor to submit a balanced operating budget and a capital budget for a two-year fiscal period. The General Assembly would then adopt a capital budget for the ensuing fiscal period.