Places limitations on state spending

This bill (SJR 45) is a procedural resolution that proposes placing limitations on state spending, but the provided context does not specify the exact nature of these limitations, affected spending areas, or implementation mechanisms. The official abstract and available details only state the general intent without outlining concrete provisions, thresholds, or affected entities. As a Senate Joint Resolution (SJR), it is currently pending referral to the Fiscal Oversight Committee for further review. Without additional details on the specific spending caps, exemptions, or affected state programs, a substantive summary of policy changes cannot be provided.