"Long-Term Budget Outlook Act"; requires State Treasurer to prepare and submit annual multi-year fiscal outlook analysis report.
Introduced First Reading Assembly Referred to ASL
Summary
The bill orders the New Jersey State Treasurer to prepare a detailed fiscal outlook covering the Governor's proposed budget for the next three fiscal years. The report must show projected appropriations, revenues, fund balances and any structural deficit under optimistic, baseline and pessimistic economic scenarios. It is meant to give lawmakers and the public a clear view of the state's long‑term budget trajectory.
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