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AR SJR3
Joint Resolution
Status
Failed
4/27/2011
Primary Sponsor
Eddie Williams
Click for details
AI Summary
- Proposes amendment to Article 16 of the Arkansas Constitution to add a new section requiring the General Assembly to pass a balanced budget for each fiscal year
- Requires the General Assembly to allocate revenues and other state income that are required by law to be deposited in the State Treasury
- Mandates passage of a revenue stabilization act as the mechanism for achieving balanced budget requirement
- Amendment becomes effective upon approval by a majority of electors voting at the next general election for Representatives and Senators
Legislative Description
To Amend The Arkansas Constitution To Require A Balanced State Budget Every Year.
Last Action
Senate Sine Die adjournment
4/27/2011
Committee Referrals
State Agencies & Governmental Affairs2/2/2011
Full Bill Text
No bill text available