and safety on public highways and bridges and costs and
expenses incident thereto, and for the payment of
obligations incurred for such purposes, and shall not be
diverted by transfer or otherwise to any other purpose,
except that loans may be made by the State from the
proceeds of such taxes and fees for a single period not
exceeding eight months, but no such loan shall be made
within the period of one year from any preceding loan, and
every loan made [in any fiscal year] before July 1 shall be
repayable [within one month after the beginning] by July 31
of the next fiscal year.
* * *
(3) That section 12 of Article VIII be amended to read:
§ 12. Governor's budgets and financial plan.
[Annually, at] At the times set by law, the Governor shall
submit to the General Assembly:
(a) A balanced operating budget for the ensuing fiscal
[year] period, consisting of two years, setting forth in detail
(i) proposed expenditures classified by department or agency and
by program and (ii) estimated revenues from all sources. If
estimated revenues and available surplus are less than proposed
expenditures, the Governor shall recommend specific additional
sources of revenue sufficient to pay the deficiency and the
estimated revenue to be derived from each source;
(b) A capital budget for the ensuing fiscal [year] period,
consisting of two years, setting forth in detail proposed
expenditures to be financed from the proceeds of obligations of
the Commonwealth or of its agencies or authorities or from
operating funds; and
(c) A financial plan for not less than the next succeeding
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