JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS A PROPOSITION OF AMENDMENT TO THE CONSTITUTION -- OF THE LEGISLATIVE POWER (Proposes a state constitutional amendment that no department or other entity created by the state would have poser to incur debt in excess of $ 50,000, without express approval from the legislature and voters.)
Impact
If adopted, this amendment would replace articles in the state's constitution concerning the legislative powers related to borrowing. By setting a clear cap on the amount of debt that state entities can incur without public approval, the bill aims to strengthen the checks and balances involved in state financial management. This change would necessitate that any proposed debt above the specified threshold go through a rigorous process involving both legislative and public scrutiny, thereby promoting fiscal responsibility.
Summary
Bill S0725 proposes a constitutional amendment aimed at regulating the borrowing capabilities of state entities. Specifically, it seeks to prohibit any department or authority created by the state, as well as any corporation or quasi-public corporation, from incurring state debts exceeding fifty thousand dollars without prior approval from both the General Assembly and the public. This measure is intended to reinforce accountability and transparency in state financial obligations, ensuring that significant fiscal actions cannot be taken without the explicit consent of the voters.
Contention
Notable points of contention arise around the implications of this bill on state governance and financial flexibility. Proponents argue that it safeguards taxpayer interests by preventing state bodies from incurring significant debts without public oversight. Conversely, opponents may express concerns that this measure could hinder the state's ability to respond promptly to fiscal emergencies or unforeseen financial needs, particularly in times of economic stress when quick funding solutions may be essential.
JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS A PROPOSITION OF AMENDMENT TO THE CONSTITUTION -- OF THE LEGISLATIVE POWER (Proposes a state constitutional amendment that no department or other entity created by the state would have poser to incur debt in excess of $ 50,000, without express approval from the legislature and voters.)
JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS PROPOSITION OF AMENDMENT TO THE CONSTITUTION -- OF SUFFRAGE (This Joint Resolution would propose to the voters of the state a constitutional amendment which would provide that no person who is not a citizen of the United States would be allowed to vote in this state.)
JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS A PROPOSITION OF AMENDMENT TO THE CONSTITUTION -- OF SUFFRAGE (Would propose to the voters of the state a constitutional amendment regarding eligibility to vote and to be a candidate.)
Joint Resolution To Approve And Publish And Submit To The Electors A Proposition Of Amendment To The Constitution -- Of Suffrage (would Propose To The Voters Of The State A Constitutional Amendment Regarding Eligibility To Vote And To Be A Candidate.)
Joint Resolution To Approve And Publish And Submit To The Electors A Proposition Of Amendment To The Constitution -- Of Suffrage (would Propose To The Voters Of The State A Constitutional Amendment Regarding Eligibility To Vote And To Be A Candidate.)
JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS A PROPOSITION OF AMENDMENT TO THE CONSTITUTION -- OF SUFFRAGE (Would propose to the voters of the state a constitutional amendment regarding eligibility to vote and to be a candidate.)
JOINT RESOLUTION JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS A PROPOSITION OF AMENDMENT TO THE CONSTITUTION -- REMOVING PROVISIONS PROVIDING FOR ELECTION BY PLURALITY (This Joint Resolution would propose to the voters of the state a constitutional amendment which would remove from the Constitution the provision of Article IV, Section 2, that provide for election by plurality.)
JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS A PROPOSITION OF AMENDMENT TO THE CONSTITUTION OF THE STATE -- REFERENDUM ON LINE ITEM VETO (This proposed amendment to the Constitution would provide the governor with a line item veto on the budget and other bills for the appropriation of money.)
Joint Resolution To Approve And Publish And Submit To The Electors A Proposition Of Amendment To The Constitution Of The State -- Referendum On Line Item Veto (this Proposed Amendment To The Constitution Would Provide The Governor With A Line Item Veto On The Budget And Other Bills For The Appropriation Of Money.)