Amendment 1: Budget Stabilization Fund
Constitutional amendment (legislative referral, HJR 5019)
Supports raising the cap on Florida's budget stabilization (rainy-day) fund from 10% to 25% of general revenue collections and requiring annual transfers into the fund until that cap is met, with withdrawals allowed for critical state needs.
Keeps the current constitutional cap of 10% of general revenue collections on the budget stabilization fund, with no new required annual transfers.
YES supports this change · NO keeps current law
Read the certified ballot question
Increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the Legislature to transfer the lesser of $750 million or the amount required to reach 25% each year unless certain conditions are met, and allow the Legislature to withdraw funds for critical state needs.
