Measure on the ballot in the 2018 Indiana 2018 General Election in Indiana.
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Get StartedA “yes” vote requires the state legislature to create a balanced budget for each budget period, mandating that government expenditures in the two-year period don’t exceed its revenues.
A “no” vote does not require the state government to balance its budget, allowing lawmakers to spend more money than is brought in annually.
According to Dan Carden of NWI Times, enacting this proposal could prevent Indiana from ever spending its $2 billion reserve fund. It could also force money to be spent immediately on state pension accounts if the stock market creates a dip in funding levels, which would strain Indiana’s overall economy., in opposition to Public Question 1 (Learn more)
According to Senator Brandt Hershman, while state officials have generally ensured that expenditures don’t exceed the cash brought in from taxes, it is important to formalize this principle in the Constitution., in support of Public Question 1 (Learn more)
According to Senator Karen Tallian, state officials have generally ensured that expenditures don’t exceed the cash brought in from taxes. This measure is attempting to address a problem that doesn’t exist., in opposition to Public Question 1 (Learn more)
According to Tony Cook of the IndyStar, with an established budget, the legislature can create plans for each period, ensuring that it does not spend more than it is bringing in. This can prevent debt from afflicting future generations., in support of Public Question 1 (Learn more)
This measure would require Indiana’s state legislature to create a balanced budget for each spending period to ensure that spending in each period does not exceed the budget set. It will do this by requiring that spending in a two-year budget period not exceed the money brought in by tax collections. The measure would also forbid unapproved tax increases and require pensions to be actuarially funded during each period.
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