Florida Amendment 2, State Revenue Limitation Amendment (1994)
| Florida Amendment 2 | |
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| Topic State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Florida Amendment 2 was on the ballot as a legislatively referred constitutional amendment in Florida on November 8, 1994. It was approved.
A “yes” vote supported establishing a formula for calculating the state's revenue limit, establishing that funds above that limit be deposited into the budget stabilization fund, and providing that funds be refunded to taxpayers once the budget stabilization fund is fully funded. |
A “no” vote opoosed establishing a formula for calculating the state's revenue limit, establishing that funds above that limit be deposited into the budget stabilization fund, and providing that funds be refunded to taxpayers once the budget stabilization fund is fully funded. |
Election results
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Florida Amendment 2 |
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| Result | Votes | Percentage | ||
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2,182,411 | 59.44% | ||
| No | 1,489,268 | 40.56% | ||
Text of measure
Ballot title
The ballot title for Amendment 2 was as follows:
| “ | Limits state revenue collections to the prior year's allowed revenue plus an adjustment for growth based on the growth rate of state personal income over the preceding five years, with excess collections deposited in the budget stabilization fund until fully funded and then refunded to taxpayers. Define "state revenues." Allows the Legislature to increase this limit by 2/3 vote. Requires adjustment of the limitation to reflect transfers of responsibility for funding governmental functions. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Florida Constitution
A 60% vote was required during one legislative session for the Florida State Legislature to place a constitutional amendment on the ballot. That amounted to a minimum of 51 votes in the Florida House of Representatives and 18 votes in the Florida State Senate, assuming no vacancies. Amendments did not require the governor's signature to be referred to the ballot. Amendments on the ballot required a simple majority vote in this year.
See also
External links
Footnotes
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State of Florida Tallahassee (capital) |
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