Establishes an annual spending growth cap

This bill establishes a limit on how much the state can increase its annual spending for day-to-day operations (like public services and administration), excluding federal funds and capital projects. The spending cap is calculated as the average of the previous three years' inflation rates, but cannot exceed 2%. The governor must certify that the proposed budget stays within this cap, and if the legislature passes a budget exceeding it, the governor must adjust spending to meet the limit. Exceptions allow exceeding the cap during emergencies (e.g., natural disasters) only with a two-thirds legislative vote.