APPROPRIATIONS: Constitutional amendment to limit the amount of money that may be appropriated in a fiscal year. (2/3-CA13s1(A))(Item #14) (OR SEE FISC NOTE GF EX)

This bill proposes a constitutional amendment to Louisiana that would place strict limits on how much money the state government can spend in a single year. It directly affects the state legislature, the governor, and the Revenue Estimating Conference by requiring them to calculate spending caps based on the growth of personal income in the state. Under the new rules, the legislature could only raise the spending limit if voters approve a specific change, and any extra money above the cap could only be used for one-time expenses rather than ongoing programs. The amendment also updates how the governor prepares the annual budget to ensure it stays within these new financial boundaries.