Constitutional amendment to authorize suits against political subdivisions for creating certain debts or other financial obligations without pledged cash reserves as prescribed and without voter approval at a general election

This bill proposes a constitutional amendment that would allow individuals to sue political subdivisions, such as cities or counties, for creating debts or financial obligations without prior voter approval at a general election. The amendment requires that any such debt be backed by adequate cash reserves held irrevocably for all future payment years to be considered legal. If passed, this change would enable citizens to challenge and potentially stop the creation of unfunded liabilities by local governments that bypass the state's existing laws on voter consent and financial safeguards.