RESOLUTION PROPOSING A STATE CONSTITUTIONAL AMENDMENT CONCERNING THE FISCAL GUARDRAILS.

This bill proposes amending the state constitution to incorporate existing statutory budget rules into the constitution itself. It would require specific revenue transfers, set a cap on general fund spending, and limit state bond borrowing under current law. These provisions - currently in statutes like sections 3-20, 2-33c, and 3-21 - would become constitutional requirements, making them harder to change without a new amendment. The bill directly affects state budgeting processes and fiscal decision-making by embedding these constraints into the state's foundational document.