BlackletterCalifornia law

California Constitution Art. XIII B, § 5.5

ARTICLE XIII B GOVERNMENT SPENDING LIMITATION

Current as of September 28, 2026ART XIII B SEC 5.5Official source ↗

Sec. 5.5 added Nov. 8, 1988, by Prop. 98. Initiative measure.

Prudent State Reserve. The Legislature shall establish a prudent state reserve fund in such amount as it shall deem reasonable and necessary. Contributions to, and withdrawals from, the fund shall be subject to the provisions of Section 5 of this Article.