Establishment of a Budget Stabilization Account

Washington Ballot Measure - SJR 8206

Election: General Nov. 1, 2007 (General)
Outcome: Passed

Yes: 1045699  (67.75%) Argument For
No: 497776  (32.25%) Argument Against

Categories:

Measure Text

The legislature has proposed a constitutional amendment on establishment of a budget stabilization account. This amendment would require the legislature to transfer 1% of general state revenues to a budget stabilization account each year and prohibit expenditures from the account except as set forth in the amendment.