Section 303. State appropriation

No moneys shall be expended for the state
  share of any municipal project unless and until  the  project  has  been
  approved  by  the  commissioner  and unless and until such project shall
  have been recommended by the governor in a budget bill  which  specifies
  the  project to be acquired, constructed, reconstructed or improved, the
  estimated project cost, the estimated federal assistance to be  received
  and  the  estimated  state  and  local  shares of the project cost to be
  required during the state fiscal year for  which  the  appropriation  is
  recommended  and  shall  have  been approved by the legislature for such
  state fiscal year.