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A06807 Summary:

BILL NO    A06807 

SAME AS    SAME AS S02256

SPONSOR    Morelle (MS)

COSPNSR    Galef, Sweeney

MLTSPNSR   Brennan, Cook, Gantt, Millman, Solages

Add Art 5-C SS88-k & 88-l, Leg L

Provides for creation of a non-partisan legislative budget office to perform
budget analysis to determine the funding levels necessary to the operation of
governmental departments and programs and render anticipated revenue estimates
for each fiscal year, examine and review all financial information of the state
for the purpose of rendering revenue estimates used in determining whether the
proposed state budget is balanced, be charged with the duty of rendering
anticipated revenue forecast reports to the legislature and the governor for
the purposes of facilitating passage of the state budget in a timely manner,
provide assistance in determining the fiscal impact of proposed legislation,
and submit to the state legislature written estimates of anticipated state
revenues on January 15, April 15, July 15 and October 15 of each year.
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