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Kansas Rainy Day Fund Amendment (2010)
|Not on Ballot|
| This measure did not or |
will not appear on a ballot
Legislature was mulling the possibility of placing the “rainy day” fund on a future ballot if not on a 2010 ballot. The proposal was introduced in legislative session by Senator John Vratil and Laura Kelly. Governor Mark Parkinson endorsed the proposed legislatively-referred constitutional amendment, showing that the state was becoming a proponent of fiscal restraint. The measure would have required the state to put money in the fund when tax revenues increased more than 3 percent from one fiscal year to the next. Up to one percent would have been set aside, according to reports. Taxes that were collected between 4 percent and 4.5 percent above previous year's tax receipts would have been placed into a debt prepayment fund.
House Appropriations Committee Chairman Kevin Yoder stated about the measure: "I think we certainly may see a constitutional amendment on the ballot. The issue continues to gain significant momentum, and this is probably something that will emerge from the legislative session." However, legislative session ended on May 28, 2010, without the measure being sent to the ballot.
Legislators who had stated their support for the measure included:
Legislative members that were opposed to the measure included:
- According to Representative Brenda Landwehr, "The odds are that the way we’ve done this, there will not be money in this fund to do what it’s intended to do. I like the concept, I like the idea…but it does not provide the safety or stabilization that this state needs.”
- Representative Virgil Peck, Jr. stated, "Kansas certainly needs an emergency fund but we need one that provides Kansas with a significant amount of money...we only have one shot at getting it right, in its current form it’s not right."
Path to the ballot
On March 24, 2010, the Kansas House of Representatives passed the measure with a vote of 102-20, sending the proposal to the Kansas State Senate for it's approval. If the Senate had approved the ballot question, it would have been sent to the November ballot for voter approval.
- The Kansan, "Senate panel mulls plan for rainy day fund," February 24, 2010
- Kansas Reporter, "Kansas House passes proposed rainy day constitutional amendment," March 24, 2010
- Bloomberg Business Week, "Analysis: Buzz for restraint grows in Kansas," January 11, 2010 (dead link)
- Kansas Legislature, "SCR 1614" (dead link)