 That constitutional amendment has refunded collected revenue to individuals seven times and corporations six times.Ballot Measure 48 would have restricted the amount of money the State could spend in its annual budget.It proposed to limit state spending by amending the state's constitution to provide that, unless approved by a 2/3 vote of both the Oregon House and Senate and a subsequent approval by a majority of the voters, spending for state services in a two-year period cannot exceed the amount spent in the previous two-year period plus the combined rate of the increase of the state's population and inflation in that same, previous, two-year period.