Attorney General No.
Secretary of State No.
STATE BUDGET, RELATED TAXES, AND RESERVE. VOTING REQUIREMENTS. PENALTIES. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. Permits Legislature to enact budget and budget-related tax and appropriation bills with 55% vote rather than 2/3 vote currently required. Requires that Legislature, Governor permanently lose salary, expenses for each day budget is late. Requires that Legislature stay in session until budget is passed. Requires budget summary in state ballot pamphlet and link to Internet website with legislators' voting records on budget and related taxes. Requires 25% of certain state revenue increases be deposited in reserve fund, which cannot be used to increase spending. Summary of estimate by Legislative Analyst of fiscal impact on state and local governments: Varying state fiscal impacts from lowering the legislative vote requirement for spending and tax increases related to the budget -- including potentially significant increases in state tax revenues and spending in some years. Fiscal impacts would depend on the composition and actions of future Legislatures.
Robin B. Johansen and James C. Harrision, Remcho, Johansen & Purcell, 201 Dolores Avenue, San Leandro, CA 94577, (510) 346-6200
Failed to Qualify
STATE BUDGET, RELATED TAXES, AND RESERVE. VOTING REQUIREMENTS. PENALTIES. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. California Initiative 988 (2003).