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House Bill 1831


House Bill 1831

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Expenditure limitations. Limits the annual percentage increase in state expenditures to the lesser of: (1) 6%; or (2) the sum of the percentage increase in state population plus the rate of inflation. Allows voters or two-thirds of the members of the general assembly to authorize additional spending. Authorizes enforcement of these provisions by a private individual civil action or class action. Repeals business cycle state spending controls replaced by the spending cap established by this act.
Current Status:
 In Committee - first House
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