Attorney General No.

SA93RF0024

Secretary of State No.

609

Description

INCUMBENT CONGRESSIONAL REELECTIONS. FEDERAL BUDGET DEFICIT. INITIATIVE STATUTE. Prohibits California's incumbent U.S. Senators and Representatives from seeking reelection if they vote in favor of a budget passed after enactment of this measure that would not reduce the prior year's deficit by at least 20%, through the year 2001. Beginning in the year 2002, reelection would be prohibited if the officeholder votes in favor of a budget which contains any deficit and where less than .5% of the budget is allocated to the reduction of outstanding federal debt. Provisions would be suspended in the event of a formal declaration of war. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This measure would probably have no direct fiscal impact on state or local governments.

Proponents

Steven Beck, #5 Copley Place, Laguna Niguel, Ca 92677 (714) 661-7425

Date

11-15-1993

Document Type

Initiative

Qualified

Failed to Qualify

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