Michigan HJRJ limits state spending and mandates taxpayer refunds for excess revenue.

Michigan HJRJ amends the state constitution to limit state spending each fiscal year. It sets two criteria for spending limits: the sum of revenue limits, federal aid, and surplus from the previous fiscal year, or a maximum annual spending change based on inflation and population growth. Any revenue exceeding these limits must be returned to citizens. Definitions include "growth in the population," "previous fiscal year's base," and "voter-approved revenue changes." This amendment will be voted on in the next general election.

Michigan HJRJ limits state spending and mandates taxpayer refunds for excess revenue.

Michigan HJRJ amends the state constitution to limit state spending each fiscal year. It sets two criteria for spending limits: the sum of revenue limits, federal aid, and surplus from the previous fiscal year, or a maximum annual spending change based on inflation and population growth. Any revenue exceeding these limits must be returned to citizens. Definitions include "growth in the population," "previous fiscal year's base," and "voter-approved revenue changes." This amendment will be voted on in the next general election.