JOINT RESOLUTION · 2011–12 SESSION · LATEST VERSION SSJR 8215

SJR 8215: Debt reduction act of 2011

Concerning the debt reduction act of 2011.

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 state's next general election.
  • Reduces the 9 percent debt limit to 8.5 percent beginning in fiscal year (FY) 2018.
  • Modifies the definition of general state revenues to include state property taxes.
  • Modifies the debt limit calculation to extend the average annual general revenue from a three-year to a 10-year average beginning in FY 2016.
  • Directs the Legislature to establish an advisory debt limit that is one-half of 1 percent lower than the constitutional debt limit.

From the Substitute House Bill Report (SSJR 8215), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedFeb 21, 2011
  2. Out of committeeMar 25, 2011
  3. Passed SenateApr 8, 2011
  4. Passed Housestopped here
  5. Sent to voters
Prime sponsor
Derek Kilmer (D-26)
Introduced
February 21, 2011 in the Senate
Last action
April 11, 2012
Budget
Has a fiscal note
Versions
SJR 8215, SSJR 8215

Sponsors

Votes

Senate · 3rd Reading & Final Passage

Passed April 8, 2011
Version voted on: SSJR 8215
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat27000
Republican22000
How each member voted

Senate · 3rd Reading & Final Passage

Passed April 26, 2011
Version voted on: SSJR 8215
39 Yea 3 Nay 0 Absent 7 Excused
PartyYeaNayAbsentExcused
Democrat21303
Republican18004
How each member voted

History

  1. By resolution, reintroduced and retained in present status. (SSJR 8215)
  2. By resolution, reintroduced and retained in present status. (SSJR 8215)
  3. By resolution, reintroduced and retained in present status. (SSJR 8215)
  4. Senate Rules "X" file. (SSJR 8215)
  5. By resolution, reintroduced and retained in present status. (SSJR 8215)
  6. By resolution, returned to Senate Rules Committee for third reading. (SSJR 8215)
  7. Referred to Rules 2 Review. (SSJR 8215)
  8. Placed on second reading. (SSJR 8215)
  9. CB - Executive action taken by committee. (SSJR 8215)
  10. Minority; do not pass. (SSJR 8215)
  11. CB - Majority; do pass with amendment(s). (SSJR 8215)
  12. First reading, referred to Capital Budget. (SSJR 8215)
  13. Third reading, passed; yeas, 39; nays, 3; absent, 0; excused, 7. (SSJR 8215)
  14. Placed on third reading by Rules Committee. (SSJR 8215)
  15. By resolution, reintroduced and retained in present status. (SSJR 8215)
  16. By resolution, returned to Senate Rules Committee for third reading. (SSJR 8215)
  17. First reading, referred to Capital Budget. (SSJR 8215)
  18. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSJR 8215)
  19. Rules suspended. Placed on Third Reading. (SSJR 8215)
  20. 1st substitute bill substituted. (SSJR 8215)
  21. 1st substitute bill substituted.
  22. Placed on second reading by Rules Committee. (SSJR 8215)
  23. Placed on second reading by Rules Committee.
  24. Made eligible to be placed on second reading. (SSJR 8215)
  25. Made eligible to be placed on second reading.
  26. Passed to Rules Committee for second reading. (SSJR 8215)
  27. WM - Majority; 1st substitute bill be substituted, do pass. (SSJR 8215)
  28. WM - Majority; 1st substitute bill be substituted, do pass.
  29. Passed to Rules Committee for second reading.
  30. First reading, referred to Ways & Means.

SJR 8215 in other sessions

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

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