Constitutional amendment to authorize suits against political subdivisions for failing to maintain reserves

This bill proposes a constitutional amendment that would allow any individual to file a lawsuit against local governments, such as cities or counties, if they do not keep a financial reserve equal to at least three percent of their annual spending. The amendment aims to enforce existing state laws requiring these reserves by creating a legal path for citizens to challenge non-compliant political subdivisions. If passed, the change would shift the responsibility of enforcing reserve requirements from state agencies to private citizens who can initiate court proceedings. Currently, the measure has been postponed and has not yet been submitted to voters for approval.