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S07499 Summary:

BILL NOS07499
 
SAME ASSAME AS A05743
 
SPONSORRANZENHOFER
 
COSPNSR
 
MLTSPNSR
 
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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