At Purple State's suggestion, I'm offering the following (obviously friendly) amendment. Does 35 days from first meeting sound sufficient, PS?
I would word Section 2 like this:
2) Said committee will begin meeting no more than ten days after enactment of this legislation, and shall prepare a report recommending the procedure and frequency of the government's budget process, and present same to the Senate, no later then thirty days after the Committee's first meeting, for due consideration and further action by the Senate. The Senate may provide extensions as needed if petitioned by a majority of the committee.