HJ 549 Constitutional amendment; limit on appropriations (first reference).
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Summary as introduced:
Constitutional amendment (first resolution); limit on appropriations. Limits total appropriations in any fiscal year to the preceding year's total appropriations plus the greater of (i) five percent, or (ii) a percentage increase equal to the rate of inflation plus the rate of population increase. However, additional appropriations may be made (a) for tax relief, (b) for deposits to the Revenue Stabilization Fund, and (c) nonrecurring capital projects. "Total appropriations" is defined so as not to include moneys appropriated that are received from the federal government or an agency or unit thereof.

Full text:
11/23/04  House: Prefiled & ordered printed; offered 01/12/05 051097303  pdf

Status:
11/23/04  House: Prefiled & ordered printed; offered 01/12/05 051097303
11/23/04  House: Referred to Committee on Privileges and Elections
02/04/05  House: Reported from Privileges and Elections (12-Y 5-N)
02/08/05  House: Taken up
02/08/05  House: Rejected by House (20-Y 73-N)
02/08/05  House: VOTE: REJECTED (20-Y 73-N)