State revenue cap measure chugs along in House
Voters could have the chance to place a revenue cap in the state Constitution under a bill that passed the House Appropriations Committee Tuesday. The revenue cap (HJR 7221) is sponsored by Rep. Steve Precourt, R-Orlando, who said an existing revenue cap in state law is not effective. The bill is also Priority No. 1 for Senate President Mike Haridopolos, R-Merritt Island.
Future state revenues would be limited by a formula based on the amount of revenue collected the previous year plus growth in Florida's population. Opponents warned that the cap could unfairly hamstring future legislatures and further weaken public services.
The 14-10 House committee vote was not overwhelming, as Republicans Paige Kreegel and Trudy Williams joined all eight Democrats in voting no. The measure requires a three-fifths majority by both houses of the Legislature and a 60 percent vote at the polls in November 2012 to become law, so it has a long way to go to become reality. "This is by no means an easy task," said Rep. Carlos Lopez-Cantera, R-Miami.