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A05743 Summary:

BILL NO    A05743 


SPONSOR    Hayes (MS)

COSPNSR    Calhoun, Corwin, Finch, Molinaro, Quinn, Rabbitt, Raia, Tedisco,

MLTSPNSR   Alfano, Amedore, Bacalles, Barclay, Barra, Burling, Butler, Conte,
           Crouch, Duprey, Errigo, Fitzpatrick, Giglio, Hawley, Jordan, Kolb,
           Lopez P, McDonough, Miller J, Oaks, O'Mara, Saladino, Sayward,
           Scozzafava, Thiele, Townsend

Amd SS22, 40 & 92, add S24-a, St Fin L; add S53-a, amd S54, Leg L

Relates to the legislative budget and deposits to the tax stabilization reserve
fund; requires that no later than March fifteenth of each year the temporary
president of the senate, the minority leader of the senate, the speaker of the
assembly and the minority leader of the assembly shall jointly convene a
general budget conference committee to resolve the differences between each
house concerning the executive budget; further alters the amounts of the
deposits to the tax stabilization reserve fund; provides that subsequent to
April first of each year, the legislature may not consider other legislation
until a budget is passed, with exceptions; limits all funds spending to the
rate of the inflation.
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