Proposes constitutional amendment requiring State revenue estimates for purposes of a balanced State budget be determined by Governor in accordance with State Revenue Forecasting Integrity Commission.

ACR 78 proposes a constitutional amendment requiring New Jersey's Governor to base annual revenue estimates for the state budget on a published forecast from a new State Revenue Forecasting Integrity Commission. The commission, established by a separate bill, would issue an annual revenue estimate by June 1 using input from state budget experts and legislative leaders. The Governor could adjust the estimate for changes in current revenue or new laws enacted after the commission's forecast but must explain any differences in a written report by July 15. This would shift revenue forecasting from the Governor's sole discretion to a collaborative process involving the commission, while maintaining the Governor's limited authority for specific, law-based adjustments.