This bill establishes a formal process for the submission and publication of proposed revisions to the Governor's budget recommendations, requiring that all budget resolutions be filed and made publicly available by June 1 each year. The chairs of the Senate Budget and Appropriations Committee and the Assembly Budget Committee will accept budget resolutions from any member of the Legislature or the State Treasurer, which can propose changes to revenues, line-items, or language in the Governor's budget. Each resolution must detail the proposed changes and include a personal disclosure statement from the sponsors regarding any potential conflicts of interest related to increased funding.

The bill aims to enhance transparency in the budget process by ensuring that budget resolutions are accessible to the public in a timely manner, addressing a current gap where resolutions are often posted long after the annual appropriations bill is enacted. By mandating the June 1 deadline for public availability, the bill seeks to facilitate public scrutiny of proposed changes and bolster confidence in the legislative process.