· NY legislature · 2025-2026

Relates to requiring balanced budgeting and spending; amends limitations on state supported debt; prohibits a message of necessity for budget bills

Requires balanced budgeting and spending; amends limitations on state supported debt; prohibits a message of necessity for budget bills; establishes the Rainy day fund as a constitutionally mandated provision.

Sponsor

Jenifer Rajkumar (D-NY)

Introduced

2025-02-06

Policy area

Economics and Public Finance

Latest action

OPINION REFERRED TO JUDICIARY