Florida League of Women Voters
Background Information
1994 Constitutional Amendments

Amendment 2, Florida Constitution

Limitation on state revenue collections
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. Defines "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.
Your choice will be YES to approve this amendment or NO to reject it.

The League reports: "In 1993 a group called Enough is Enough! filed a petition initiative, called The Florida Tax Limitation Amendment, that was a more onerous amendment than this one. The group included former members of the Taxation and Budget Reform Commission who in 1992 were unable to get the votes necessary for the Commission to put such an amendment on the ballot. This group hoped their petition initiative would force the Legislature to place a similar, albeit more reasonable, amendment on the ballot this year. It worked and this amendment is the result.

"This proposed amendment provides speed bumps for increases in state revenue by requiring a 2/3rds vote of each house of the Legislature to exceed the cap. Had this cap been in place in past years it would have been triggered by the services tax, the lottery, and Gov. Chiles’ Investment Budget, for example.

"Projections indicate that the increases in revenue permitted under this amendment by simple majority vote of the Legislature will not be adequate to fund the projected increases in the cost of keeping state programs at their current level of service. Over time, this will produce one or more of the following results:

(The three paragraphs above are based on conversations with Edward Montanaro, Director, Joint Legislative Management Committee, Economics and Demographic Research, Tallahassee (904-487-1402).

"Presently, 23 states have constitutional or statutory limits restricting government spending and/or raising of revenues. They operate with varying degrees of success. (See RESEARCH REPORT, Managing Growth in Government: A report on state fiscal limitations throughout the nation, September, 1993, Florida TaxWatch, Inc., Tallahassee, Fla.)

PRO:

CON: Look at:

Amendment 1 (Start of regular sessions of the Legislature)
Amendment 3 (Limiting marine net fishing)
Amendment 4 (Revenue limits)
Amendment 8 (Limited casinos)

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Source: Florida League of Women Voters
540 Beverly Court, Tallahassee, FL 32301