Proposed House Joint Resolution No. 10 seeks to amend the state Constitution by incorporating specific fiscal regulations aimed at enhancing financial accountability and stability. The resolution outlines three key components: the requirement to transfer certain revenues as specified in section 3-20 of the general statutes, a cap on appropriations from the General Fund and Special Transportation Fund as established in section 2-33c, and limitations on the authorization of bonds by the State Bond Commission, as well as restrictions on bond issuances and allotment requisition approvals under sections 3-20 and 3-21.

The purpose of this amendment is to ensure that the state adheres to responsible fiscal practices by codifying these financial constraints into the Constitution. By doing so, the resolution aims to promote transparency and fiscal discipline in state budgeting and bonding processes, ultimately contributing to the long-term financial health of the state.