House Joint Resolution J proposes an amendment to the Michigan Constitution of 1963, specifically targeting section 28 of article IX, to adjust the limits on state spending. The resolution outlines a formula that the legislature must follow, which allows for either a cap on spending based on the established revenue limit plus federal aid and any surplus from the previous fiscal year, or a maximum annual increase in spending tied to inflation, population growth, and any voter-approved revenue changes. This dual approach ensures that the legislature adheres to a more controlled spending framework.

Additionally, the resolution stipulates that any revenue collected beyond the allowable spending limit must be returned to the citizens of Michigan as determined by law. The amendment aims to provide a clearer structure for state spending while ensuring that excess funds are not retained by the government. The proposed amendment will be presented to the public for approval during the next general election, allowing citizens to have a say in the financial governance of the state.