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prescribed in Title 3, section 2, except that, during the first | | year in office of a Governor-elect, the Legislature shall enact a | budget no later than the first Friday in June |
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| | | Sec. 5. Application. For the fiscal year beginning on July 1, 2007, | | the budget of the State must provide for a complete financial | | plan for one fiscal year. Those sections of this Act that amend | | the Maine Revised Statutes, Title 5, sections 1665, 1666 and | | 1666-A take effect July 1, 2008. |
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| | | This bill shifts the start of the fiscal biennium for the | | state budget from the first regular session of the Legislature to | | the second regular session of the Legislature, beginning for the | | fiscal year that begins on July 1, 2008. This bill also provides | | that the state budget beginning on July 1, 2007 is a one-year | | budget. |
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