)The Legislative Fiscal Office estimated that the measure's effect in the 2007 biennium would restrict spending of approximately $2.2 billion out of approximately $35.6 billion in revenues estimated to be subject to the limit.If it had been passed and put into effect, the Legislature could refund the restricted funds to taxpayers, place them in the funds noted above, leave them in the treasury and/or, with a 2/3 vote of each house of the legislature refer to voters a plan to spend them on state services.