JOINT RESOLUTION · 2011–12 SESSION · LATEST VERSION SHJR 4226

HJR 4226: State debt

Amending the Constitution to include the recommendations of the commission on state debt.

Summary

  • Directs the Secretary of State to submit a constitutional amendment relating to the debt limit to the voters for approval and ratification, or rejection, in the next general election to be held in the state.
  • Changes the constitutional debt limit from 9 percent to 8 percent in three phases over 20 years, starting on July 1, 2014.
  • Modifies the debt limit calculation to extend the average annual general revenue from a three-year to a six-year average.
  • Modifies the definition of general state revenues to include state property taxes.

From the House Bill Report (HJR 4226), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 16, 2012
  2. Out of committeeApr 4, 2012
  3. Passed Housestopped here
  4. Passed Senate
  5. Sent to voters
Prime sponsor
Hans Dunshee (D-44)
Introduced
January 16, 2012 in the House
Last action
April 11, 2012
Requested by
Other
Companion bill
ESJR 8221
Budget
Has a fiscal note
Versions
HJR 4226, SHJR 4226

Sponsors

Prime sponsor: Hans Dunshee (D-44)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SHJR 4226)
  2. By resolution, reintroduced and retained in present status.
  3. Returned to Rules Committee for second reading. (SHJR 4226)
  4. Returned to Rules Committee for second reading.
  5. Minority; do not pass. (SHJR 4226)
  6. Read first time, rules suspended, and placed on second reading calendar. (SHJR 4226)
  7. CB - Majority; 1st substitute bill be substituted, do pass. (SHJR 4226)
  8. CB - Executive action taken by committee.
  9. CB - Majority; 1st substitute bill be substituted, do pass.
  10. Read first time, rules suspended, and placed on second reading calendar.
  11. Minority; do not pass.
  12. First reading, referred to Capital Budget.

HJR 4226 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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