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Amend CSSB 1 in Part 13, Article IX, of the bill by adding a
new section to read as follows:
Sec. 13.____. Study on Spending Limitation. It is the
intent of the legislature that the Legislative Budget Board using
funds appropriated by this Act shall conduct a study to evaluate the
effect of changing the constitutional and statutory spending limit
based on the rate of growth of the economy to a spending limit based
on the sum of the rate of population growth and the rate of monetary
inflation. Not later than January 1, 2011, the Legislative Budget
Board shall make recommendations from the conclusions of the study
to the governor and lieutenant governor.