In a bicameral legislative system, what happens if the two houses pass differing budgets?

In a bicameral legislative system, when the two houses pass differing budgets, a conference committee is typically formed to reconcile the differences between the two versions. This committee consists of members from both houses and is tasked with negotiating a final budget document that reflects compromises from each chamber's proposals. The goal is to produce an agreed-upon budget that can then be voted on by both houses for approval. This process is essential to ensure that the legislative body can present a unified budget to the executive branch for implementation. The existence of the conference committee highlights the collaboration needed in a bicameral legislature when there are divergent views or priorities represented in the budgets passed by each house.