Relates to capping the state budget at fifteen percent of total state gross domestic product for the prior calendar year, as determined by the state comptroller.
STATE OF NEW YORK
________________________________________________________________________
5940
2023-2024 Regular Sessions
IN SENATE
March 23, 2023
___________
Introduced by Sen. WALCZYK -- read twice and ordered printed, and when
printed to be committed to the Committee on Judiciary
CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY
proposing an amendment to section 2 of article 7 of the constitution, in
relation to capping the state budget at fifteen percent of total state
gross domestic product
1 Section 1. Resolved (if the Assembly concurs), That section 2 of arti-
2 cle 7 of the constitution be amended to read as follows:
3 § 2. Annually, on or before the first day of February in each year
4 following the year fixed by the constitution for the election of gover-
5 nor and lieutenant governor, and on or before the second Tuesday follow-
6 ing the first day of the annual meeting of the legislature, in all other
7 years, the governor shall submit to the legislature a budget containing
8 a complete plan of expenditures proposed to be made before the close of
9 the ensuing fiscal year and all moneys and revenues estimated to be
10 available therefor, together with an explanation of the basis of such
11 estimates and recommendations as to proposed legislation, if any, which
12 the governor may deem necessary to provide moneys and revenues suffi-
13 cient to meet such proposed expenditures. It shall also contain such
14 other recommendations and information as the governor may deem proper
15 and such additional information as may be required by law. The total of
16 such proposed expenditures contained in such budget shall not exceed
17 fifteen percent of the state's gross domestic product for the prior
18 calendar year, as determined by the state comptroller.
19 § 2. Resolved (if the Assembly concurs), That the foregoing be
20 referred to the first regular legislative session convening after the
21 next succeeding general election of members of the assembly, and, in
22 conformity with section 1 of article 19 of the constitution, be
23 published for 3 months previous to the time of such election.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD89105-01-3
