Constitutional Amendment proposal to prohibit state spending in excess of inflation and population growth

SF 1004 proposes a constitutional amendment that would limit Minnesota's state spending growth to match inflation plus population growth. If adopted, it would require the state to calculate annual spending limits using the U.S. Bureau of Labor Statistics' Consumer Price Index for Minneapolis-St. Paul and federal population estimates. The amendment excludes federal funds, tax refunds, and certain other spending categories from the calculation. It would require voter approval in the 2026 election and allows temporary exceptions with a 60% legislative vote. The bill directly affects how the state budgets for all programs except those specifically excluded.