Proposal for a legislative amendment to the Constitution requiring a supermajority vote for the utilization of rainy day funds
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This proposal seeks to amend the Massachusetts Constitution to require a supermajority vote – typically two-thirds – for the state to use its ‘rainy day’ funds. Currently, the process for accessing these funds may be subject to a simpler majority vote. This change would increase the level of consensus needed before the state can draw upon these reserves for budgetary purposes.
Key provisions
- Requires a supermajority vote (e.g., two-thirds) for utilizing rainy day funds.
- Addresses the process for accessing the state’s reserve funds.
- Proposed as a constitutional amendment.
- Introduced by Senator Bruce Tarr.
Who is affected
- State government
- Massachusetts taxpayers
- Legislature
- Executive branch
Notable changes
- Increases the threshold for utilizing rainy day funds from a simple majority to a supermajority.
- Would alter the existing process for accessing state reserves.
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
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