Introduced
by
To place before voters in the next general election a Constitutional amendment to prohibit the legislature from appropriating in advance more than 96 percent of the revenue that an official revenue estimating conference projects for the next fiscal year; require that any supplemental appropriations for the current fiscal year get a two-thirds supermajority vote in the House and Senate; require that any revenue above the revenue estimating conference’s projection be deposited in the “rainy day fund”; and require a two-thirds supermajority for any withdrawals from the “rainy day fund”.
Referred to the Committee on Government Operations and Reform
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-5) be adopted and that the joint resolution then be adopted.
Substitute offered
To replace the previous version of the resolution with one that revises details but does not change the its substance as previously described.
The substitute passed by voice vote
Passed in the Senate 20 to 17 (details)
