Proposing amendment to Oregon Constitution relating to revenue sources for expenditures of public moneys in ballot measures.

Proposes amendment to Oregon Constitution to require that proposed elector enactments requiring expenditure of $50,000 or more in public moneys during first 10 years include proposed source of revenue sufficient to pay for expenditure. Specifies that proposed source of revenue may not draw from existing revenue. Allows Legislative Assembly to limit expenditure to amount supplied by source of revenue. Refers proposed amendment to people for their approval or rejection at next regular general election.