JOINT RESOLUTION TO APPROVE AND PUBLISH AND SUBMIT TO THE ELECTORS A PROPOSITION OF AMENDMENT TO THE CONSTITUTION -- ESTABLISHING A STATE SPENDING GROWTH LIMIT BASED ON INFLATION OR PERSONAL INCOME GROWTH

HR 7257 proposes a constitutional amendment to limit annual state budget growth in Rhode Island. The bill would require that total state spending increases each year not exceed the higher of either the previous year's inflation rate (using the Consumer Price Index) or the growth rate of Rhode Island personal income. Exceptions include debt payments, federally mandated spending, and emergencies approved by a two-thirds vote of the legislature. If approved by voters, this amendment would directly affect how the state government sets annual budgets.