Proposing an amendment to the Oregon Constitution relating to increased expenditures under initiated measures.

Amends the Oregon Constitution to require an initiative petition to be accompanied by a signed form providing for the means by which an increase in state or county expenditures of greater than $50,000 must be paid. Provides that an initiative petition may not be placed on the ballot unless the Secretary of State makes a finding of sufficiency of the means. Refers the proposed amendment to the people for their approval or rejection at the next regular general election.