Proposal for a legislative amendment to the Constitution requiring a supermajority vote for the utilization of rainy day funds

This bill proposes adding a new article to the Massachusetts Constitution to change how the state's stabilization fund, known as rainy day funds, can be used. Under the current proposal, spending money from this reserve would require a two-thirds vote from both the Senate and the House of Representatives instead of the usual majority vote. This change would make it more difficult for the legislature to access emergency savings during financial downturns. The measure directly affects the state's budgeting process and the voters who will ultimately decide whether to adopt this stricter rule.