House Bill No. [insert number] proposes a constitutional amendment to amend Article VII, Sections 10(C) and (E) and 11(A) of the Louisiana Constitution, establishing a Government Growth Limit that restricts the growth of recurring revenue appropriations from the State General Fund. This limit will take effect starting with the 2027-2028 fiscal year and will be calculated by the Revenue Estimating Conference. The amendment allows for exceptions to the limit under certain circumstances and requires that any changes to the limit be approved by a two-thirds vote of the legislature. Additionally, appropriations exceeding this limit but below the expenditure limit can only be allocated for nonrecurring expenses.

The bill also retains existing provisions that require appropriations from the state general fund to not exceed the official forecast at the time of appropriation. It mandates that the governor's proposed budget must comply with the new growth limit, ensuring that all proposed expenditures align with the established financial constraints. The initial Government Growth Limit for the 2027-2028 fiscal year is set to be calculated based on the previous fiscal year's appropriations plus a three percent increase. The proposed amendment will be submitted to voters for approval in a statewide election scheduled for November 3, 2026.