REDUCES LEGISLATIVE SESSION AND PAY BY AT LEAST 50%. INITIATIVE CONSTITUTIONAL AMENDMENT

Reduces the Legislature\u27s regular session by more than 50% to no more than ninety-five days. Directs the Legislature to convene in January for up to thirty days and again in May for up to sixty days. Allows the Legislature to reconvene for up to five additional days to reconsider bills vetoed by the Governor. Requires that legislators’ salaries be cut by at least 50%, regardless of the amount of work legislators perform. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Potential reduction in state costs of tens of millions of dollars per year, including over $5.7 million in reduced annual costs for legislator salaries. Actual reduction, if any, would depend on future actions of the Legislature and the Governor