Senate Journal: Page 1044: Thursday, April 2, 1998

  year.  Any surplus equal to ten percent or less of the adjusted revenue
  estimate of the fiscal year may be included in the adjusted revenue
  estimate for the following fiscal year if approved in a bill receiving the
  affirmative votes of at least three-fifths of the whole membership of
  each house of the General Assembly.  For purposes of this section,
  "surplus" means the cumulative excess of revenues and other
  financing sources over expenditures and other financing uses for the
  general fund at the end of a fiscal year.
  6.  The scope of the expenditure limitation under subsection 3 shall
  not include federal funds, donations, constitutionally dedicated
  moneys, and moneys in expenditures from a state retirement system.
  7.  The Governor shall submit and the General Assembly shall pass
  a budget which does not exceed the state general fund expenditure
  limitation.
  8.  The Governor shall not submit and the General Assembly shall
  not pass a budget which in order to balance assumes reversion of any
  part of the total of the appropriations included in the budget.
  9.  The state shall use consistent standards, in accordance with
  generally accepted accounting principles, for all state budgeting and
  accounting purposes.
  10.  The General Assembly shall enact laws to implement this
  section.
  Sec. 2.  The following amendment to the Constitution of the State of
  Iowa is proposed:
  The Constitution of the State of Iowa is amended by adding the
  following new sections to new Article XIII:
  ARTICLE XIII.
  THREE-FIFTHS MAJORITY FOR TAX LAW CHANGES.
  THREE-FIFTHS MAJORITY TO INCREASE TAXES.  Section 1.  A
  bill containing provisions enacting, amending, or repealing the state
  income tax or enacting, amending, or repealing the state sales and
  use taxes, in which the aggregate fiscal impact of those provisions
  relating to those taxes results in a net increase in state tax revenues,
  as determined by the General Assembly, shall require the affirmative
  votes of at least three-fifths of the whole membership of each house of
  the General Assembly for passage.  This section does not apply to
  income tax or sales and use taxes imposed at the option of a local
  government.
  THREE-FIFTHS MAJORITY TO ENACT NEW STATE TAX.  Sec.
  2.  A bill that establishes a new state tax to be imposed by the state

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