SR 1029 — Aggregate Annual Debt Service; prohibit from exceeding 8 percent of the total revenue receipts of the state for prior fiscal year -CA
Senate Read and Referred
A RESOLUTION proposing an amendment to the Constitution so as to prohibit the aggregate annual debt service of the state from exceeding 8 percent of the total revenue receipts of the state for the prior fiscal year; to provide for applicability; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
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