83R2628 JJT-D
By: King of Parker H.J.R. No. 70
A JOINT RESOLUTION
proposing a constitutional amendment concerning the maximum rate of
growth of appropriations.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 22, Article VIII, Texas Constitution, is
amended by amending Subsection (a) and adding Subsection (a-1) to
read as follows:
(a) In no biennium shall the rate of growth of
appropriations from state tax revenues not dedicated by this
constitution exceed the lesser of the following rates:
(1) the estimated rate of growth of the state's
economy; and
(2) a rate equal to the sum of:
(A) the estimated biennial rate of growth of this
state's population; and
(B) the estimated biennial rate of monetary
inflation in this state.
(a-1) The legislature shall provide by general law
procedures to implement Subsection (a) of this section [this
subsection].
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 5, 2013.
The ballot shall be printed to provide for voting for or against the
proposition: "The constitutional amendment concerning the maximum
rate of growth of appropriations."