Upon issuance of the Governor's proposed
budget, the budget committee of each house of the Legislature assigns
a subcommittee to analyze and develop independent recommendations
regarding the budget.
The parent committees adopt the subcommittee's
recommendations, which are then sent to the floor of the respective
house for action.
After the Assembly and Senate have adopted
budget plans, a Joint Conference Committee comprised of members
from both houses is assembled to resolve differences between the
two versions of the budget.
Once a compromise budget plan has been developed
and ratified by both the Assembly and Senate, it is presented to
the Governor for signature.
As of this writing, the legislature remains
in session and it is too early to predict the outcome and timing
of the final budget.