Constitution of Florida
Florida's first constitution as a U.S. territory was written and implemented in 1838. On March 3, 1845, Florida was granted admission into the Union as the 27th state. The current Constitution of Florida was ratified on November 5, 1968, and has been modified by initiative and referendum several times since.
Politics of Florida
Florida has a Balanced Budget Amendment, requiring the state not to have a budget deficit. The requirement for a balanced budget does not appear as such in the Florida Constitution. Article VII, Section 1(d), Florida Constitution, provides: "Provision shall be made by law for raising sufficient revenue to defray the expenses of the state for each fiscal period." Article III, Section 19(a), Florida Constitution, provides for "Annual Budgeting." These two provisions, when read together, form the basis for the balanced annual budget requirement.