Attorney General No.

09-0037

Secretary of State No.

1386

Description

Changes the legislative vote requirement necessary to pass the state budget, and to raise taxes, from two-thirds to a simple majority. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Unknown state fiscal impacts from lowering the legislative vote requirement for spending and tax increases. In some cases, the content of the annual state budget could change and/or state tax revenues could increase. Fiscal impact would depend on the composition and actions of future Legislatures.

Proponents

George Lakoff

Date

11-16-2009

Document Type

Initiative

Qualified

Failed to Qualify

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