US Laws, Codes, Statutes & Cases

Every year for annual budget units and biennially in odd-numbered years for biennial budget units, not later than five days after the regular session of the legislature convenes, the governor shall submit to the legislature a budget containing a complete plan of expenditures proposed to be made before the close of the two ensuing fiscal years for biennial budget units and for the next fiscal year for annual budget units and all monies and revenues estimated to be available therefor, together with an explanation of the basis of the estimates and recommendations as to proposed legislation, if any, which the governor deems necessary to provide revenues sufficient to meet the proposed expenditures. The plan shall delineate each fiscal year separately. Not later than five days after the regular session of the legislature convenes in even-numbered years, the governor may submit to the legislature any proposed revisions to the enacted budgets for the current and ensuing fiscal years. The plan shall include an estimate of all available monies and revenues and an explanation for any changes to the enacted budgets.