Proposition 31

State budget. State and local government. Initiative constitutional amendment and statute.

• Establishes two-year state budget cycle.
• Prohibits Legislature from creating expenditures of more than $25 million unless offsetting
  revenues or spending cuts are identified.
• Permits Governor to cut budget unilaterally during declared fiscal emergencies if Legislature fails to act.
• Requires performance reviews of all state programs.
• Requires performance goals in state and local budgets.
• Requires publication of bills at least three days prior to legislative vote.
• Allows local governments to alter how laws governing state-funded programs apply to them, unless Legislature or state agency vetoes change within 60 days.

More from the California Secretary of State's website.