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Bills · 2011-2012 Regular Session

AJR 118

Died at session end Official bill text Atom feed

the ceiling for public debt contracted by the state (first consideration).

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Adopted, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

The constitution limits the aggregate public debt contracted by the state to

three-fourths of 1 per centum of the aggregate value of all taxable property in the

state, or in the alternative, 5 per centum of the aggregate value of all taxable property

in the state less the sum of certain other public debts.

This constitutional amendment, proposed to the 2011 legislature on first

consideration, lowers the debt ceiling from three-fourths of 1 percent to

three-eighths of 1 percent of the aggregate value of all taxable property in the state

and changes the alternate debt limit from 5 percent to 2.5 percent.

A proposed constitutional amendment requires adoption by two successive

legislatures, and ratification by the people, before it becomes effective.

Sponsors

Introduced by: August (R) , Craig (R) , Endsley (R) , Farrow (R) , Kooyenga (R) , Kuglitsch (R) , Litjens (R) , Rivard (R) , Spanbauer (R) , Thiesfeldt (R) , Williams (R)

1 cosponsors

Vukmir (R)

Full history

  1. Feb 28, 2012 · Assembly

    Introduced by Representatives Kuglitsch, August, Williams, Farrow, Kooyenga, Spanbauer, Endsley, Rivard, Craig, Litjens and Thiesfeldt;Cosponsored by Senator Vukmir

  2. Feb 28, 2012 · Assembly

    Read first time and referred to committee on Homeland Security and State Affairs

  3. Mar 7, 2012 · Assembly

    Public hearing held

  4. Mar 23, 2012 · Assembly

    Failed to adopt pursuant to Senate Joint Resolution 1