Creates the non-partisan legislative budget office

Summary

The bill establishes a new, independent office that will supply the Senate and Assembly with budget data, revenue estimates, and fiscal impact statements. A director, appointed by a two‑thirds joint vote of both houses for a seven‑year term, will run the office and may be removed by a super‑majority resolution. The office is funded annually by legislative appropriations and must submit a comprehensive revenue report each March.

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