Attorney General No.
SA2005RF0011
Secretary of State No.
1095
Description
Effectively limits state and expands local spending limits. Provides procedure if state exceeds spending limit. Requires certain state fees/charges be enacted by 2/3 vote of Legislature; currently, majority vote required. Requires certain local fees/charges be approved by vote of electorate; currently, not vote required. Reallocates General Fund revenue above spending limit. Prohibits issuance of general obligation/revenue lease bonds if annual debt service exceeds 6% of General Fund. Specifies state reimbursement requirements for local government mandates; prohibits use of certain taxes for reimbursement. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Potentially significant reduction in the growth in state spending beginning in 2006-07, accompanied by potential reductions in taxes over time.
Proponents
John Campbell, Jon Coupal, Larry McCarthy
Date
3-10-2005
Document Type
Initiative
Qualified
Failed to Qualify
Recommended Citation
State Mandates. State/Local Spending Limits. Vote Requirement for Fees/Charges. Bonds. Initiative Constitutional Amendment. California Initiative 1095 (2005).
https://repository.uclawsf.edu/ca_ballot_inits/1235
