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Sponsors
1 Co-sponsor
History
- Referred to investigations and government operations
- Referred to investigations and government operations
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S1702
Title of bill
An act to amend the legislative law, in relation to creation of the legislative budget office
Purpose of the bill
Allows for a non-partisan budget office to be established. This office would be similar to that of the U.S. Congressional Budget Office that would perform budget analysis for both Houses of the State Legislature.
Summary of provisions
Section 1: Adds a new Legislative Law Article 5-C to create the Legislative Budget Office.
Section 2: Sets forth an effective date of January 1st next succeeding the date upon which it shall become law.
Justification
One of the reasons that has been cited for the repeated delays in meeting state budget deadlines is that the Assembly, the Senate, and the Governor each have their own fiscal staffs which, more often than not, disagree on state revenue estimates for the upcoming fiscal year. In recent years, these disagreements in state budget revenue estimates have stalled budget negotiations because money cannot be accurately allocated to different state agencies and among state programs when there is no agreed upon estimate of anticipated revenue.
The establishment of a Legislative Budget office should help to eliminate the partisan effect of the Senate and the Assembly fiscal staffs and ensure that both houses are using the same set of numbers. Because the office would be non-partisan, estimates developed would be based on more accurately on economic reality. The use of the U.S. Congressional Budget Office has helped to alleviate at least some of the delays that have occurred in negotiating the Federal budget. It is hoped that this bill could do the same for the State Budget.
Prior legislative history
A.3953 of 2001-2002; A.572 of 2003-2004; A.1003 of 2005-2006; A.2675 of 2007-2008; S.6233 of 2009-2010 - Referred to Investigations & Government Operations; S. 611 of 2011-2012 - Referred to Investigations & Government Operations
Fiscal implications for state and local governments
Would not require additional funding because the money currently being spent for budget analysis for Senate Finance and Assembly Ways and Means committee could be used.
Effective date
January 1st next succeeding the date upon which it shall become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.