Attorney General No.
Secretary of State No.
Any statute, state budget, or legislative constitutional change that decreases state revenues or increases state program or agency costs by $25 million or more in a fiscal year must include offsetting revenues or spending cuts. Establishes a two-year budget cycle, with five-year fiscal projections. Permits the Governor to cut the budget midyear when a fiscal crisis has been declared and Legislature fails to act. Requires the budget bill to be in print three days before its adoption. Requires state program performance reviews. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Increases in state spending -- potentially tens of millions of dollars per year -- to administer new budgeting process requirements. Potentially significant, but unknown, fiscal effects for the state and local governments affected by state budgetary decisions.
James C. Harrison (510) 346-6200
Failed to Qualify
State Budget. Initiative Constitutional Amendment. California Initiative 1485 (2011).