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Iowa Senate backs constitutional cap on state spending

The Iowa Senate voted Thursday to approve a proposed amendment to the Iowa Constitution that would permanently place a lid on state spending.

Senate Joint Resolution 9 says the budget limitation would either be the lesser of 99 percent of the adjusted revenue estimate of the state's general fund for the following fiscal year or 104 percent of the net revenue estimate for the general fund for the current fiscal year.

The resolution was approved on a 38-10 vote. All "no" votes were cast by Democrats. The proposal has not yet been considered by the Iowa House.

via www.desmoinesregister.com

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