Constitutional amendment sought to boost Florida’s budget stabilization fund

travis hutson house photo

A joint resolution filed last week by State Sen. Travis Hutson would turn vetoed appropriations into the Budget Stabilization fund’s gain.

That is, if the voters approve a Constitutional Amendment to that effect

Senate Joint Resolution 116 proposes an amendment to the Florida Constitution that would require the transfer of the amount of a vetoed specific appropriation originating from the General Revenue Fund to the Budget Stabilization Fund.

The proposed legislation also stipulates that the amount transferred may not be used in calculating the Budget Stabilization Fund’s principal balance limitation, and to provide for the transfer of funds for vetoed specific appropriations that are reinstated.

The proposed amendment would read as follows:

“CONSTITUTIONAL AMENDMENT ARTICLE III, SECTION 8: TRANSFER OF VETOED APPROPRIATIONS TO THE BUDGET STABILIZATION FUND.—Proposing an amendment to the State Constitution to require that any specific appropriation originating from the General Revenue Fund and vetoed by the Governor be transferred to the Budget Stabilization Fund. The amount transferred may not be used in calculating the fund’s principal balance limitation. If the Legislature overrides the veto, the amount transferred shall be returned to the General Revenue Fund for expenditure in accordance with the specific appropriation.”

A.G. Gancarski

A.G. Gancarski has been the Northeast Florida correspondent for Florida Politics since 2014. He writes for the New York Post and National Review also, with previous work in the American Conservative and Washington Times and a 15+ year run as a columnist in Folio Weekly. He can be reached at [email protected] or on Twitter: @AGGancarski


One comment

  • Jimbo Breland

    December 12, 2016 at 1:13 pm

    Governor Rick Scott has been good for Florida and this proposed legislation is a ” slap in the face” to the state’s present constitution. I’d go so far as to call it a juxtaposition !
    The very idea of this bill usurps the power of Florida’s present and future governors!

Comments are closed.


#FlaPol

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch @PeterSchorschFL

Contributors & reporters: Phil Ammann, Drew Dixon, Roseanne Dunkelberger, A.G. Gancarski, William March, Ryan Nicol, Jacob Ogles, Cole Pepper, Jesse Scheckner, Drew Wilson, and Mike Wright.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704