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Statewide · Placed on the ballot by the Legislature

Amendment 1: BUDGET STABILIZATION FUND

Needs 60% to pass. A simple majority is not enough — if fewer than 60% of voters approve it, the measure fails.

What the ballot says

Proposing an amendment to the State Constitution to 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% of the general revenue collections each year unless certain conditions are met, and allow the legislature to withdraw funds for critical state needs.
Read the full official text

Understand it first

Official documents

Research

Reporting

What people say for and against it

Supporters of Amendment 1 have published their case in their own words. The organisations and officials opposing it have so far only listed themselves as opposed, without giving their reasons. We show both sides once each has made its own case.

The Legislature's journals record how every member voted on this amendment, but no member filed a written explanation of their vote.

We look for new statements every week. This note was last updated September 26, 2026.