SB2-SSA1-SA2,1,8
42. Page 2, line 13: delete "accounts." and substitute "accounts, except that
5these provisions may not take effect until the cochairs of the joint committee on
6finance specify spending cuts to the state budget that will equal the costs incurred
7by the state, as determined by the department of revenue, due to the adoption of
8these provisions.".
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10"
(2) Cochairpersons to specify spending cuts. Not later than 5 working days
11after the governor signs this act, the cochairpersons of the joint committee on finance
1shall introduce, in their respective houses of the legislature, a bill that specifies the
2spending cuts described in section 71.98 (1) of the statutes.
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4(a) Not later than 10 working days after the introduction of the bills described
5in subsection (2), both houses of the legislature shall hold public hearings on the bills.
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6(b) Not later than 5 working days after the conclusion of the hearings required
7under paragraph (a), each house of the legislature shall take executive action on the
8bills.".