N.Y.'s Pataki Spikes Budget Reform Bill

McDonald, Mnhael
November 2004
Bond Buyer;11/16/2004, Vol. 350 Issue 32011, p3
Trade Publication
This article reports that New York governor George Pataki yesterday vetoed proposed legislation that would have reformed the state budget process, saying that it "failed to include critical provisions that would help ensure an on-time budget that is balanced and negotiated in an open, public and fiscally responsible process." The state Assembly and Senate sent the bill this past legislative session to the governor, who had until yesterday to sign it. The Legislature proposed delaying the beginning of the fiscal year one month to May 1, 2004, imposing a contingency budget if lawmakers failed to agree on a financial plan and creating a legislative budget analysis office.


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