Chapter 539
H.P. 1651 - L.D. 2289
PART Q
Sec. Q-1. 5 MRSA §1710-A, sub-§3,  as amended by PL 1997, c. 643, Pt. W, §1, is further amended to read:
3. Current biennium adjustments.
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No later than February April 1st and November 1st annually of each odd-numbered year and no later than February 1st and November 1st of each even-numbered year the commission shall submit to the Governor, the Legislative Council, the Revenue Forecasting Committee and the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs a report that presents the commission's findings and recommendations for adjustments to the economic assumptions for the current fiscal biennium. In each report the commission shall fully describe the methodology employed in reaching its recommendations.
Sec. Q-2. 5 MRSA §1710-F, sub-§3,  as amended by PL 1997, c. 157, §1, is further amended to read:
3. Current and ensuing biennium adjustments.
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No later than March May 1st and December 1st annually of each odd-numbered year and no later than March 1st and December 1st of each even-numbered year the committee shall submit to the Governor, the Legislative Council, the joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs and the State Budget Officer a report that presents the analyses, findings and recommendations for adjustments to General Fund revenue and Highway Fund revenue for the current and ensuing fiscal biennia. In each report the committee shall fully describe the methodology employed in reaching its recommendations. Revenue adjustments for other funds of the State may be included in the report at the discretion of the committee.