Publication Date
10-13-2006
Document Type
Report
Subjects
Urban policy -- Oregon -- Portland -- Periodicals, Portland (Or.) -- Politics and government -- Periodicals, Portland (Or.) -- Social conditions -- Periodicals
Persistent Identifier
http://archives.pdx.edu/ds/psu/13935
Recommended Citation
City Club of Portland (Portland, Or.), "2006 Ballot Measure Report Measure 48" (2006). City Club of Portland. 533.
http://archives.pdx.edu/ds/psu/13935
Notes
Amends constitution. Oregon statute currently limits state appropriations to 8% of projected personal income in Oregon (with certain exceptions). If Governor declares emergency, legislature may exceed current statutory appropriations limit by 60% vote of each house. Measure adds constitutional provision limiting increase in state spending from one biennium to next biennium to percentage increase in state population, plus inflation, over previous two years. Certain exceptions to limit, including spending of: federal, donated funds; proceeds from selling certain bonds, real property; money to fund emergency funds; money to fund tax, "kicker," other refunds. Measure provides that spending limit may be exceeded by amount approved by two-thirds of each house of legislature and approved by majority of voters voting in general election.
Published in City Club of Portland Bulletin Vol. 88, No. 20