HJR 531 Summary

• Proposes a constitutional amendment to Section 8 of Article III requiring any specific appropriation from the General Revenue Fund that is vetoed by the Governor to be immediately transferred to the Budget Stabilization Fund.

• Specifies that transferred amounts may not be counted toward calculating the Budget Stabilization Fund's principal balance limitation under Section 19(g) of Article III.

• Provides that if the legislature overrides the veto by two-thirds vote in each house, the transferred amount shall be returned to the General Revenue Fund for expenditure according to the specific appropriation.

• Requires submission of the amendment to Florida voters for approval or rejection at the next general election or an earlier special election authorized by law.