NOTE: These amendments were not approved.

Amendment 1

SHALL THE FOLLOWING AMENDMENT TO THE CONSTITUTION BE ADOPTED?

Summary: Requires the Governor and Legislature to prepare and approve budgets for general fund expenditures which are no more than 99% of estimated revenues and carryover funds. Only 95% of new revenues may be included in general fund expenditures.

Full Text Of Amendment 1

Amendment 2

SHALL THE FOLLOWING AMENDMENT TO THE CONSTITUTION BE ADOPTED?

Summary: Requires approval by three-fifths (60%) of all members of both the Iowa House and Senate to increase state revenues through state corporate and personal income tax or state sales and use taxes or to establish a new state tax.

Full Text Of Amendment 2