Amendment 1: Changes To Budget Stabilization Fund Amendment
Amendment 1: Changes To Budget Stabilization Fund Amendment
Florida's Legislature would raise the state's emergency reserve maximum from 10% to 25% of net general revenue and require annual deposits up to $750 million.
A Yes vote
A No vote
Proposal impacts
Impact on Florida taxpayers
Their state tax bill would not change under the measure.
Their state tax bill follows current law. Florida already keeps a reserve for revenue shortfalls and emergencies.