An Act To Impose Reasonable Limits on the Growth of State Government
Maine Legislature, Session 123, LD 1632
Committee: Appropriations and Financial Affairs
Sponsors: CEBRA, SNOWE-MELLO, AYOTTE, JOY, LANSLEY, MILLETT, ROBINSON, THOMAS, VAUGHAN
Amends: 5 MRSA §1507, 5 MRSA §1511, 5 MRSA §1523, 5 MRSA §1531, 5 MRSA §1532, 5 MRSA §1533, 5 MRSA §1534, 5 MRSA §1535, 5 MRSA §1664, 5 MRSA §1665, 5 MRSA §13063-C, 5 MRSA §17253, 25 MRSA §1612, 36 MRSA §1611, 36 MRSA §3321, 37-B MRSA §745

Legislative Document 
No. 1632 
H.P.1140 
House of Representatives, March 21, 2007 
An Act To Impose Reasonable Limits on the Growth of State 
Government 
Reference to the Committee on Appropriations and Financial Affairs suggested and ordered 
printed. 
Presented by Representative CEBRA of Naples. 
7rl~ 
1??7l/4C~ 
MILLICENT M. MacFARLAND 
Clerk 
Cosponsored by Senator SNOWE-MELLO of Androscoggin and 
Representatives: AYOTTE of Caswell, JOY of Crystal, LANSLEY of Sabattus, MILLETT of 
Waterford, ROBINSON of Raymond, THOMAS of Ripley, VAUGHAN of Durham. 
Printed on recycled paper 
Be it enacted by the People of the State of Maine as follows: 
Sec. 1. 5 MRSA §1507, next to last~, as amended by PL 2005, c. 519, Pt. VV, 
§ 1, is repealed. 
Sec. 2. 5 MRSA §1511, as amended by PL 2005, c. 2, Pt. A, § 1 and affected by 
§14 and amended by c. 519, Pt. VV, §2, is repealed. 
Sec. 3. 5 MRS A §1522 is enacted to read: 
§1522. Maine Budget Stabilization Fund 
1. Establishment. The Maine Budget Stabilization Fund, referred to in this section 
as "the fund," is established and must be administered for the purposes identified in this 
section. 
2. Transfers to fund: limits. The fund may receive transfers bv the State Controller 
of unappropriated surplus at the close of a fiscal year as provided in section 2045 and any 
other funds identified by law. The fund may not exceed 10% of the total General Fund 
revenues received in the immediately preceding fiscal year and may not lapse, but 
remains in a continuing carrying account to carry out the purposes of this section. The 
limit at the close of a fiscal year is based on the total General Fund revenues received in 
the fiscal year being closed. 
3. 
Use of fund. 
The Legislature may authorize transfers, appropriatIOns and 
allocations from the fund only to fund the costs of State Government up to the 
expenditure limit calculated under section 2044 in years when state revenues are less than 
the amount necessary to finance the level of expenditure permitted under section 2044. 
4. Investment of funds; proceeds. The money in the fund may be invested as 
provided by law, with the earnings credited to the fund. At the close of every month 
during which the fund is at the 10% limitation described in subsection 2, the State 
Controller shall transfer the excess to the Tax Relief Reserve Fund established under 
section 2045. 
5. Death benefits. The Governor shall allocate funds from the stabilization fund as 
needed to pay benefits due pursuant to Title 25, chapter 195-A. Allocations may be made 
upon written request of the Chief of the State Police, the State Fire Marshal or the 
Director of Maine Emergency Medical Services and after consultation with the State 
Budget Officer. 
Sec. 4. 5 MRSA §1523 is enacted to read: 
§1523. Maine Highway Budget Stabilization Fund 
1. Establishment. The Maine Highway Budget Stabilization Fund, referred to in 
this section as "the fund," is established and must be administered for the purposes 
identified in this section. 
,. 
2. Transfers to fund; limits. The fund may receive transfers by the State Controller 
of unallocated Highway Fund surplus at the close of a fiscal year as provided in section 
2046 and any other funds identified by law. The fund may not exceed 10% of the total 
Highway Fund revenues received in the immediately preceding fiscal year and may not 
lapse, but remains in a continuing carrying account to carry out the purposes of this 
section. The limit at the close of a fiscal year is based on the total Highway Fund 
revenues received in the fiscal year being closed. 
3. 
Use of fund. 
The Legislature may authorize transfers, approprIatIOns and 
allocations from the fund only to fund the costs of the Highway Fund budget up to the 
expenditure limit calculated under section 2044 in years when Highway Fund revenues 
are less than the amount necessary to finance the level of expenditures permitted under 
section 2044. 
4. Investment of funds; proceeds. The money in the fund may be invested as 
provided by law, with the earnings credited to the fund. At the close of every month 
during which the fund is at the 10% limitation described in subsection 2, the State 
Controller shall transfer the excess to the Highway Fund Reserve Fund established under 
section 2046. 
Sec. 5. 5 MRSA §1531, sub-§7, as enacted by PL 2005, c. 2, Pt. A, §5 and 
affected by § 14, is amended to read: 
7. General Fund revenue shortfall. "General Fund revenue shortfall" means the 
amount by which the General Fund appropriation limitation established by section +£4 
1664, subsection 5 exceeds baseline General Fund revenue and other available resources 
in each state fiscal year. 
Sec. 6. 5 MRSA §1532, as enacted by PL 2005, c. 2, Pt. A, §5 and affected by 
§ 14, is repealed. 
Sec. 7. 5 MRSA §1533, as enacted by PL 2005, c. 2, Pt. A, §5 and affected by 
§ 14, is amended to read: 
§1533. Declaration of budget emergency 
If the Legislature has adjourned sine die prior to the close of a fiscal year and the 
commissioner has provided notification as required by section 1668 that indicates that 
available General Fund resources will not be sufficient to meet General Fund 
expenditures, the commissioner may declare a budget emergency. At the close of the 
fiscal year, the State Controller may transfer from the available balance in the 
stabilization fund to the General Fund Unappropriated Surplus up to the amount 
necessary to increase total General Fund resources for that fiscal year to be equal to 
General Fund expenditures. For tHe I'lHrposes of tHis seetion, tHe Goyemor may redHee 
the stabilizatioA fHAd below tHe 1 % minimHm threshold established by seetion 1532. The 
Governor shall inform the Legislative Council and the joint standing committee of the 
Legislature having jurisdiction over appropriations and financial affairs immediately 
upon such transfers from the stabilization fund. 
Sec. 8. 5 MRSA §1534, as amended by PL 2005, c. 683, Pt. M, § 1, is repealed. 
Sec. 9. 5 MRSA §1535, as amended by PL 2005, c. 621, §4, is further amended to 
read: 
§1535. General Fund transfers to stabilization fund 
Baseline General Fund revenue, as recommended by the Revenue Forecasting 
Committee and authorized in accordance with chapter 151-B, and other available 
budgeted General Fund resources that exceed the General Fund appropriation limitation 
established by section +£.4 1664, subsection 5 plus the additional cost for essential 
programs and services for kindergarten to grade 12 education under Title 20-A, chapter 
606-B over the fiscal year 2004-05 appropriation for general purpose aid for local schools 
until the state share of that cost reaches 55% of the total state and local cost must be 
transferred to the stabilization fund. 
Sec. 10. 5 MRS A §1536, sub-§I, as amended by PL 2005, c. 519, Pt. VV, §4, is 
further amended to read: 
1. Second priority reserve. The State Controller shall, as the ;mi 2nd priority after 
the transfers transfer to the State Contingent Account pursuant to section 1507 and the 
transfers to the Loan Insl-Jfance Reserve pursuant to section 1511 at the close of each 
fiscal year, transfer from the unappropriated surplus of the General Fund an amount equal 
to the amount available from the unappropriated surplus after all required deductions of 
appropriations, budgeted financial commitments and adjustments considered necessary 
by the State Controller have been made as follows: 
A. 
Thirty-five percent to the stabilization fund; 
B. 
Twenty percent to the Retirement Allowance Fund established in section 17251; 
C. 
Twenty percent to the Reserve for General Fund Operating Capital; 
D. 
Fifteen percent to the Retiree Health Insurance Internal Service Fund established 
in section 1519 to be used solely for the purpose of amortizing the unfunded actuarial 
liability associated with future health benefits; and 
E. 
Ten percent to the Capital Construction and Improvements Reserve Fund 
established in section 1516-A. 
Sec. 11. 5 MRSA §1664, sub-§5, as enacted by PL 2005, c. 601, §1, is amended 
to read: 
5. Limit on General Fund appropriation. The total General Fund appropriation 
for each fiscal year of the biennium in the Governor's budget submission to the 
Legislature may not exceed the General Fund appropriation limitation established in 
section 1534 of the previous fiscal year multiplied by one plus the population adjustment 
factor plus the inflation adjustment factor as those terms are defined in section 2042. 
Sec. 12. 5 MRSA §1665, sub-§I, as amended by PL 2005, c. 601, §2, is further 
amended to read: 
1. Expenditure and appropriation requirements. On or before September 1st of 
the even-numbered years, all departments and other agencies of the State Government 
and corporations and associations receiving or desiring to receive state funds under the 
provisions of law shall prepare, in the manner prescribed by the State Budget Officer, and 
submit to the officer estimates of their expenditure and appropriation requirements for 
each fiscal year of the ensuing biennium contrasted with the corresponding figures of the 
last completed fiscal year and the estimated figures for the current fiscal year. The total 
General Fund appropriation requests submitted by each department and agency for each 
fiscal year may not exceed the General Fund appropriation of the previous fiscal year 
multiplied by one plus the inflation adjustment factor as defined in section 2042. The 
expenditure estimates must be classified to set forth the data by funds, organization units, 
character and objects of expenditure. The organization units may be subclassified by 
functions and activities, or in any other manner, at the discretion of the State Budget 
Officer. 
All departments and other agencies receiving or desiring to receive state funds from the 
Highway Fund shall submit to the officer estimates of their expenditure and appropriation 
requirements for each fiscal year of the ensuing biennium that do not exceed the Highway 
Fund appropriation of the previous fiscal year multiplied by one plus the average real 
personal income growth rate or 2.75%, whichever is less. The Highway Fund highway 
and bridge improvement accounts are exempt from this spending limitation. 
Sec. 13. 5 MRSA c. 167 is enacted to read: 
CHAPTER 167 
THE T AXPA YER BILL OF RIGHTS 
§2041. Expenditure and revenue requirements; construction of chapter 
The following provisions of this section apply, notwithstanding any other provision 
of law. 
1. Expenditure limitations. Annual state expenditures may not exceed the limits 
provided in this chapter. 
2. Revenue increases. An increase in revenue may be adopted only as provided in 
section 2043. 
1 
3. Construction. It is the intent of the Legislature that this chapter be interpreted 
liberally to restrain excess growth of State Government. 
§2042. Definitions 
As used in this chapter, unless the context otherwise indicates, the following terms 
have the following meanings. 
1. Election officer. "Election officer" means the municipal registrar of voters. 
2. Increase in revenue. "Increase in revenue" means any legislation or tax levy that 
causes a net gain in revenue and: 
A. Enacts a new tax or fee; 
B. Increases the rate or expands the base of an existing tax or fee; 
C. Reduces benefits or eligibility under the Business Equipment Tax Reimbursement 
program established in Title 36, chapter 915 without providing the same level of 
benefits and eligibility under a comparable program or without providing a 100% 
property tax exemption for property eligible for reimbursement under Title 36, 
chapter 915; 
D. Repeals or reduces any tax exemption, credit or refund; or 
E. Extends an expiring tax or fee increase. 
3. Inflation adjustment factor. "Inflation adjustment factor" means the increase in 
the Consumer Price Index for the most recently available calendar year as calculated by 
the United States Department of Labor, Bureau of Labor Statistics. 
4. 
Population adjustment factor. 
"Population adjustment factor" means the 
increase or decrease in population for the preceding calendar year over the prior calendar 
year as determined annually by the Executive Department, State Planning Office 
statewide and for each municipality based on federal census estimates. 
5. Quasi-governmental agency. "Quasi-governmental agency" means any separate 
legal entity for which the State is financially accountable and that is included in the 
financial statements of the State for financial reporting purposes under gu idel ines 
established by generally accepted accounting principles mandated by a governmental 
accounting standards board. 
6. Revenue. "Revenue" means taxes and fees collected by the State or a quasi-
governmental agency pursuant to the statutes of the State, including those co llected under 
Title 36, Part 2. It includes money received from the sale of goods and services only to 
the extent that the receipts exceed the cost of providing the goods or services. 
§2043. Approval of revenue increases 
1. Approval of increases. The following forms of approval are required to adopt an 
increase in revenue: 
A. The measure must be approved by a vote of 2/3 of all the members of each House 
of the Legislature; and 
B. Except as provided in subsection 2, the measure must be approved by a majority 
of the voters in the State. 
2. Exceptions. Voter approval under subsection 1, paragraph B is not required if: 
A. Annual state revenue is less than annual payments on general obligation bonds, 
required payments related to pensions and final court judgments; 
" 
B. The measure is an emergency tax and the provisions of section 2048 are followed; 
or 
C. The increase in revenue applies to a quasi-governmental agency that does not 
have a body of voters. 
For the purposes of this subsection, "emergency" does not include economic conditions or 
revenue shortfalls. 
3. Approval by voters; emergency approval. The question of whether to adopt 
legislation to impose an increase in revenue of the State must be submitted to the voters 
for approval at the next general election as defined in Title 2I-A, section 1. 
If the 
Legislature determines by a 2/3 vote that legislation to increase taxes or fees should take 
effect sooner than the next general election, the Legislature may provide for submission 
of the question to the voters at any regular or special election as defined in Title 21-A, 
section 1. 
4. Revenue estimates. A measure submitted to the voters under this section must 
include an estimate of the amount to be raised by the measure for the first 4 fiscal years of 
its implementation. 
"5:- . Notice. At least 30 days before an election required under this chapter, the 
election officer shall mail at the least cost a titled notice or set of notices addressed to 
"All Registered Voters" at each address of every registered voter. Notices must include 
the following information and may not include any additional information: 
A. The election date, hours, ballot title and text and local election office address and 
telephone number; 
B. For each proposed revenue increase, the estimated or actual total of fiscal year 
spending for the current year and each of the past 4 years and the overall percentage 
and dollar change; 
C. For the first full fiscal year of each proposed revenue increase, estimates of the 
maximum dollar amount of each increase and of fiscal year spending without the 
increase; and 
D. Two summaries, up to 500 words each, one in support of and one in opposition to 
each proposal, of written comments filed with the election officer by 45 days before 
the election. A summary may not mention names of persons or private groups, nor 
any endorsements of or resolutions against the proposal. 
Representatives of a 
measure under this section shall write a summary for their proposal. The election 
officer shall maintain and accurately summarize all other relevant written comments. 
Except by later voter approval, if an increase in revenue exceeds any estimate prepared 
under paragraph C for the same fiscal year, the tax increase is thereafter reduced in 
prop0l1ion to the amount of the excess, and the excess revenue that was collected must be 
refunded in the next fiscal year. 
Ballot questions for revenue increases must begin: 
"Shall state revenues be increased (amount of first or, if phased in, full fiscal year dollar 
increase) annually ... ?" 
I 
6. Costs. The State shall reimburse municipalities for the costs of any election under 
this section and providing the notice required under subsection 5 if the election provides 
for a state tax increase. 
§2044. Expenditure limitations 
1. State expenditure limitation. Beginning with the first fiscal year that begins 
after this section takes effect, the maximum annual percentage change in state fiscal year 
spending in the categories specified in this subsection equals the inflation adjustment 
factor plus the population adjustment factor and any increases attributable to measures 
approved under section 2043. This limitation must be calculated separately for the 
following categories: 
II 
A. General Fund; 
B. Highway Fund; and 
C. 
Quasi-governmental agencies and Other Special Revenue Funds, for which 
separate individual limitations must be applied. For state-level quasi-governmental 
agencies whose primary purpose is providing education programs, the limitation must 
be calculated by substituting for the population adjustment factor a factor based on 
changes in student enrollment. 
2. 
Exceptions. 
The following may not be counted In calculating expenditure 
limitations under this section: 
A. Amounts returned to taxpayers as refunds of amounts exceeding the expenditure 
limitation in a prior year; 
B. Amounts received from the Federal Government; 
C. Amounts collected on behalf of another level of government; 
D. Pension contributions by employees and pension fund earnings; 
E. Pension and disability payments made to former government employees; 
F. Amounts received as grants, gifts or donations that must be spent for purposes 
specified by the donor; 
G. Amounts paid pursuant to a court award; and 
H. Reserve transfers or expenditures. 
3. Exceeding expenditure limitations. If revenues are projected to exceed the 
expenditure limitations in this section, the amount of revenues exceeding the expenditure 
limitations may be spent if approved in the same manner as required for a revenue 
increase under section 2043. 
§2045. Transfers and refund of unappropriated General Fund surplus 
1. Fund created. The Tax Relief Reserve Fund, referred to in this section as "the 
fund," is created for the purposes set forth in this chapter. Th~ fund may not lapse, but 
remains in a continuing carrying account to carry out the purposes of this section. 
"0-
3! 
2. Transfer. At the close of each fiscal year, the State Controller shall identify the 
amount of General Fund unappropriated surplus and make the following transfers: 
A. Eighty percent of the unappropriated surplus must be transferred to the fund; and 
B. Twenty percent of the unappropriated surplus must be transferred to the Maine 
Budget Stabilization Fund established in section 1522. 
3. Notification. By September 15th annually, the State Controller shall notify the 
Legislature and the State Tax Assessor of the amount in the fund as a result of the 
transfers required by subsection 2. 
4. 
Refund throueh leeislative action. 
If the amount in the fund exceeds 
$25,000,000, the Legislature shall, by the following October 15th, enact legislation to 
provide for the refund to taxpayers of amounts in the fund. Refunds may take the form 
only of temporary or permanent broad-based tax credits, rebates or rate reductions. 
5. 
Refund in case of leeislative inaction. 
If the Legislature does not enact 
legislation by October 15th to provide refunds pursuant to subsection 4, then the State 
Controller shall, by October 30th, notify the State Tax Assessor of the amount in the 
fund. 
The State Tax Assessor shall calculate a one-time bonus personal exemption 
refund. The amount of the personal exemption refund must be calculated by dividing the 
amount in the fund identified by the State Controller under subsection 3 by the number of 
personal exemptions claimed on income tax returns filed for tax years beginning in the 
previous calendar year and rounded down to the nearest $5 increment. The State Tax 
Assessor shall issue a refund by November 30th to each taxpayer who filed an income tax 
return by April 15th of the same calendar year based on the number of personal 
exemptions claimed on the taxpayer's return without regard to the taxpayer's tax liability 
for the year. 
§2046. Transfers and refund of unallocated Hiehway Fund surplus 
1. Fund created. The Highway Fund Reserve Fund, referred to in this section as 
"the fund," is created for the purposes set forth in this chapter. 
2. Transfer. At the close of each fiscal year, the State Controller shall identify the 
amount of Highway Fund unallocated surplus and make the following transfers: 
A. Eighty percent of the unallocated surplus must be transferred to the fund; and 
B. 
Twenty percent of the unallocated surplus must be transferred to the Maine 
Highway Budget Stabilization Fund established in section 1523. 
3. Notification. By September 15th annually, the State Controller shall notify the 
Legislature of the amount in the fund as a result of the transfers required by subsection 2. 
4. Reduction in taxes when surplus. If the amount in the fund exceeds 10% of 
Highway Fund expenditures for the previous fiscal year, the State Tax Assessor shall 
calculate, based on the amount in the fund, a proportional reduction in the taxes on motor 
fuels under Title 36, Part 5 to become effective the following January 1 st and remain in 
effect for one calendar year. 
Page & - 123LR(l627(OlH 
§2047. Revenues of quasi-governmental agencies and Other Special Revenue Funds 
accounts 
By September 15th annually. each quasi-governmental agency or state agency that 
manages an Other Special Revenue Funds account shall submit a report to the Legislature 
identifying revenues received in the preceding fiscal year that exceed the expenditure 
limitation established in section 2044 and any other uncommitted revenues received 
during the previous fiscal year and proposing a plan for refunding to taxpayers the 
amount identified that exceeds 10% of the previous fiscal year's expenditure. 
§2048. Emergency taxes 
1. Emergency taxes permitted; conditions. The State may Impose emergency 
taxes only in accordance with this section: 
A. The tax must be approved for a specified time period by a 2/3 majority of the 
members of each House of the Legislature; 
B. 
Emergency tax revenue may be spent only after other available reserves are 
depleted and must be refunded 180 days after the emergency ends if not spent on the 
emergency; and 
C. 
The tax must be submitted for approval by the voters at the next statewide 
election. 
2. Absence of approval. If not approved by the voters as provided in this section, 
an emergency tax expires 30 days following the election. 
Individual or class action lawsuits may be filed to enforce this chapter and must be 
given the highest civil priority for resolution. Successful plaintiffs are allowed costs and 
reasonable attorney's fees. Revenue collected, kept or spent in conflict with this chapter 
for 4 full fiscal years before a suit is filed must be refunded with 10% annual simple 
interest from the initial action causing the conflict. 
Sec. 14. 5 MRSA §13063-C, sub-§4, ~,as amended by PL 2005, c. 2, Pt. A, §9 
and affected by § 14, is further amended to read: 
B. 
Notwithstanding section 1585, any balance remaining in the program after July 
31, 2007 must be transferred to the Maine Budget Stabilization Fund as established in 
section ~ 
1522. 
Sec. 15. 5 MRSA §17253, sub-§3, as amended by PL 2005, c. 2, Pt. A, §10 and 
affected by § 14, is repealed. 
Sec. 16. 25 MRSA §1612, sub-§7, as amended by PL 2005, c. 2, Pt. A, § 12 and 
affected by § 14, is further amended to read: 
7. Payment from the Maine Budget Stabilization Fund. Benefits are payable from 
the Maine Budget Stabilization Fund as provided in Title 5, section +ill 1522, 
subsection 6 ?. 
r 
., 
Sec. 17. 36 MRSA §1611, sub-§2, ~A, as enacted by PL 2005, c. 624, § 1, is 
amended to read: 
A. 
The growth limitation factor for the aggregate cost of the municipal cost 
components provided by the State is the same as the General Fund appropriation 
limitation fcrctor calculated under Title 5, section +£4 1664, subsection ~ ~. 
Sec. 18. 36 MRSA §3321, sub-§5 is enacted to read: 
5. Voter approval. Beginning on the July 1 st following the effective date of this 
subsection, a change in the rate of excise tax resulting from the adjustment required in 
subsection I may take effect only if approved by a majority of the voters at a regular or 
special election. 
II 
Sec. 19. 37-B MRSA §745, sub-§4, as enacted by PL 2005, c. 634, § 13, IS 
amended to read: 
4. Fund balance. The fund's balance may not exceed $3,000,000. Any amount, 
including interest, that accrues in excess of $3,000,000 must be transferred by the State 
Controller to the Maine Budget Stabilization Fund, established in Title 5, section ~ 
1522. 
Sec. 20. Maine Budget Stabilization Fund. The Maine Budget Stabilization 
Fund established in the Maine Revised Statutes, Title 5, section 1522 is the successor in 
every way to the Maine Budget Stabilization Fund established under Title 5, section 
1532, which is repealed in this Act. All funds in the Maine Budget Stabilization Fund 
established under Title 5, section 1532 are transferred to the Maine Budget Stabilization 
Fund established in Title 5, section 1522 on the effective date of this Act. 
Sec. 21. Legislative intent; relationship to private and special laws. It is 
the intent of the Legislature that the provisions of this Act supersede any conflicting 
provisions of private and special law relating to the determination of revenue, fees and 
expenditures. 
SUMMARY 
This bill is the so-called "Taxpayer Bill of Rights" or "TABOR" that was sent to 
referendum in November 2006, except that the restrictions imposed by TABOR on 
county, municipal or school governmental units have been removed in this bill. The bill 
proposes to restrain the growth in State Government by imposing expenditure limitations 
on State Government and by requiring a procedure of voter approval of tax and fee 
Increases . 
Under this bill, growth in annual expenditures of the General Fund, the Highway 
Fund, quasi-governmental organizations and Other Special Revenue Funds are limited 
according to increases in population and inflation. 
Growth in budgets of state-Ievei 
education institutions is limited according to increases in inflation and student enrollment. 
For the General Fund and Highway Fund budgets, revenues exceeding the expenditure 
limitation must be distributed by directing 20% of that excess to a budget stabilization 
I 
fund and 80% of that excess to a tax relief fund. The budget stabilization funds may be 
used only in years when revenues are not sufficient to fund the level of expenditure 
permitted by the growth limits. The tax relief funds must be used to provide tax relief 
through refunds proportional to individual income tax personal exemptions claimed in the 
previous tax year or a decrease in motor fuels taxes. For quasi-governmental agencies 
and state agencies that manage Other Special Revenue Funds, the managers of those 
funds must report excess surpluses to the Legislature with a plan for refund of those 
revenues. 
Under this bill, an increase in revenue would be possible only by a 2/3 vote of each 
House of the Legislature and the approval of the voters of the State, if applicable. 
.) 
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