SENATE JOINT RESOLUTION D

 

 

June 22, 2005, Introduced by Senator CASSIS and referred to the Committee on Appropriations.

 

 

     A joint resolution proposing an amendment to the state

 

constitution of 1963, by amending section 28 of article IX, to

 

further limit state spending.

 

     Resolved by the Senate and House of Representatives of the

 

state of Michigan, That the following amendment to the state

 

constitution of 1963, to further limit state spending, is proposed,

 

agreed to, and submitted to the people of the state:

 

ARTICLE IX

 

     Sec. 28. The legislature is limited in state spending each

 

year according to either of the following, whichever allows for

 

less spending:

 

     (a) No expenses of state government shall be incurred in any

 

fiscal year which exceed the sum of the revenue limit established


 

in Sections 26 and 27 of this Article plus federal aid and any

 

surplus from a previous fiscal year.

 

     (b) The maximum annual change in spending in the sum total of

 

all appropriations bills each fiscal year is limited to the

 

increase in the general price level in the immediately preceding

 

fiscal year plus an adjustment for the percentage change in state

 

population in the immediately preceding calendar year as determined

 

by the annual federal mid-year population estimate. Any revenue

 

collected by the state in excess of the amount allowable to be

 

spent under this subdivision shall be transferred to the state

 

budget stabilization fund in a manner as provided by law.

 

     Resolved further, That the foregoing amendment shall be

 

submitted to the people of the state at the next general election

 

in the manner provided by law.