Appropriation Limits. School Funding, Class Size Requirement. Initiative Constitutional Amendment.

Amends State Constitution to provide that no new appropriation limits shall apply to state or local government unless Director of Finance and Superintendent of Public Instruction mutually determine that per-student public school expenditures equal or exceed the average of the 10 states with highest per-student spending for elementary and high schools, and class size equals or is less than the average class size of the 10 states with the lowest class size for elementary and high schools. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: No current fiscal impact on the state or local governments. Restricts any future appropriation or spending limit from taking effect until spending on K-12 education was increased dramatically