An Act reenacting and amending the act of August 4, 1959 (P.L.587, No.195), entitled as amended, "An act creating and establishing the Legislative Budget and Finance Committee; providing for its membership; prescribing its powers, functions and duties; providing for the appointment of an executive director and other personnel, and making an appropriation," providing for short title; and further providing for creation of the Legislative Budget and Finance Committee, for membership, appointments, terms, vacancies and officers, for duties, for executive director, for compensation, for reports, for appropriations and for effective date.