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Washington State Expenditure Limit Initiative (2010)
| Not on Ballot |
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| This measure did not or will not appear on a ballot |
Contents |
Text of measure
Title
The ballot title read:[1]
- Statement of Subject: Initiative Measure No. 1083 concerns state expenditure limits.
- Concise Description:This measure would set the annual state expenditure limit at the lesser of 95% of “anticipated funds,” as defined, or 97% of the previous year’s funds, and impose additional restrictions on state expenditures.
- Should this measure be enacted into law? Yes [ ] No [ ]
Summary
According to the description prepared by the Washington Secretary of State:
This measure would set the state expenditure limit, in any fiscal year, at 95% of “anticipated funds” or 97% of the previous year’s funds, whichever is less. “Anticipated funds” would be defined as the total funds collected from excise taxes, business and occupation taxes, property taxes, and lottery proceeds. Certain funds would be used to pay off outstanding debt, and remaining unspent funds could be used only to respond to, or to prevent, catastrophic events.
Path to the ballot
- See also: Washington signature requirements
According to state officials, no petitions were filed in an effort to qualify the measure for the ballot. In order to qualify for the November ballot, supporters were required to submit a minimum of 241,153 valid signatures by July 2, 2010.
See also
External links
Additional reading
References
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