New Jersey § 58:11b-22

§ 58:11b-22.

a. The trust shall submit the financial plan required pursuant to section 21 of P.L.1985,

c. 334 ( C.58:11B-21 ) to the Secretary of the Senate and the Clerk of the General Assembly on the same day on or before May 15 of each year . The Secretary and the Clerk shall cause the date of submission to be entered upon the Senate Journal and the

Minutes of the General Assembly, respectively. b. Unless the financial plan as described in the submission is approved by adoption

of a concurrent resolution of both houses within the time period prescribed in this

subsection, the financial plan shall be deemed disapproved and the trust shall not

undertake any of the proposed activities contained therein. The President and the Speaker shall cause a concurrent resolution of approval of

the trust's financial plan to be placed before the members of the respective houses

for a recorded vote within the time period. The time period shall commence on the day of submission and expire on June 30 of the year of submission .