Bill Title: Proposes constitutional amendment to reduce State budgets for two fiscal years, then cap State budget growth to annual inflation rate; requires revenue collected in excess of budget cap to be reserved in restricted reserve fund.

Sponsorship: Moderate Partisan Bill (Republican 4-1)

Status: (Introduced - Dead) 2010-01-12 - Introduced, Referred to Assembly Budget Committee [ACR66 Detail]

Text: Latest bill text (Introduced) [HTML]

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