Bill Text - CACR27 (2016)

Relating to the operating budget. Providing that the state shall not spend more in any year than it receives in revenue.


Revision: Dec. 29, 2015, midnight

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CACR 27  - AS INTRODUCED

 

2016 SESSION

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CONSTITUTIONAL AMENDMENT

CONCURRENT RESOLUTION\t27

 

RELATING TO:\tthe operating budget.

 

PROVIDING THAT:\tthe state shall not spend more in any year than it receives in revenue.

 

SPONSORS:\tSen. Sanborn, Dist 9; Sen. Avard, Dist 12; Sen. Carson, Dist 14; Sen. Cataldo, Dist 6; Sen. Daniels, Dist 11; Sen. Morse, Dist 22; Sen. Reagan, Dist 17; Sen. Stiles, Dist 24; Rep. Sanborn, Hills. 41; Rep. Flanagan, Hills. 26; Rep. Sterling, Ches. 14; Rep. Hannon, Straf. 25; Rep. Ammon, Hills. 40; Rep. D. McGuire, Merr. 21

 

COMMITTEE:\tFinance

 

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ANALYSIS

 

\tThis constitutional amendment concurrent resolution provides that expenditures may not exceed revenue in any operating budget.

 

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Explanation:\tMatter added to current law appears in bold italics.

\t\tMatter removed from current law appears [in brackets and struckthrough.]

\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type

 

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STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Sixteen

 

CONCURRENT RESOLUTION PROPOSING CONSITUTIONAL AMENDMENT

 

RELATING TO:\tthe operating budget.

 

PROVIDING THAT:\tthe state shall not spend more in any year than it receives in revenue.

 

Be it Resolved by the Senate, the House of Representatives concurring,  that the

Constitution of New Hampshire be amended as follows:

 

\t\tI.  That the second part of the constitution be amended by inserting after article 6-b the following new article:

\t[Art.] 6-c  [Expenditure Limitation.]  The state shall not spend more in any year than it receives in revenues, plus any amounts held in a reserve or contingency account to the extent such account was funded by the general court before that budget period, nor shall the state use the proceeds of any bond or other instrument of indebtedness with a repayment term of greater than twelve months to fund, directly or indirectly, its annual operating expenditures, without an affirmative vote of two-thirds of the total number of representatives and senators that constitute the general court under part 2, article 9 and part 2, article 25.

\t\tII.  That the above amendment proposed to the constitution be submitted to the qualified voters of the state at the state general election to be held in November, 2016.

\t\tIII.  That the selectmen of all towns, cities, wards and places in the state are directed to insert in their warrants for the said 2016 election an article to the following effect:  To decide whether the amendments of the constitution proposed by the 2016 session of the general court shall be approved.

\t\tIV.  That the wording of the question put to the qualified voters shall be:

“Are you in favor of amending the second part of the constitution by inserting after article 6-b a new article to read as follows:

\t[Art.] 6-c  [Expenditure Limitation.] The state shall not spend more in any year than it receives in revenues, plus any amounts held in a reserve or contingency account to the extent such account was funded by the general court before that budget period, nor shall the state use the proceeds of any bond or other instrument of indebtedness with a repayment term of greater than twelve months to fund, directly or indirectly, its annual operating expenditures, without an affirmative vote of two-thirds of the total number of representatives and senators that constitute the general court under part 2, article 9 and part 2, article 25."

\t\tV.  That the secretary of state shall print the question to be submitted on a separate ballot or on the same ballot with other constitutional questions.  The ballot containing the question shall include 2 squares next to the question allowing the voter to vote “Yes” or “No.”  If no cross is made in either of the squares, the ballot shall not be counted on the question.  The outside of the ballot shall be the same as the regular official ballot except that the words “Questions Relating to Constitutional Amendments proposed by the 2016 General Court” shall be printed in bold type at the top of the ballot.

\t\tVI.  That if the proposed amendment is approved by 2/3 of those voting on the amendment, it becomes effective when the governor proclaims its adoption.

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