SPENDING LIMITATION ACT
Summary
Creates the Taxpayer Bill of Rights Spending Limitation Act. Establishes fiscal year spending limits based on inflation and population changes. Creates an Emergency Reserve Cash Fund, requires transfers to the Fund based on revenues limits, and requires expenditures only for emergencies and from appropriations adopted by a two-thirds vote of the House and Senate. Allows transfer of excess amounts in the Fund. Amends the State Finance Act to create the Fund. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2011
Committee Review
Floor Vote
Governor
Introduced Feb 8, 2011
Last action Jan 8, 2013
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
4
Jan 8, 2013
Senate · Failed
Session Sine Die
Mar 18, 2011
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 3, 2011
Senate · Reported by committee
To Executive Subcommittee on State Government Operations; /3-14-2011 - Postponed
Feb 23, 2011
Senate · Referred to committee
Assigned to Executive
Feb 8, 2011
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Chris Lauzen
RRepublican
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