Governor Owens is sidestepping a potentially thorny fight with his own party.
He says he'll work with Republicans who have introduced their own solution to the state's budget crisis.
Owens says a number of proposals will be offered this session to deal with the Taxpayer's Bill of Rights, a constitutional amendment that limits taxes and how much money governments can keep.
If lawmakers don't tweak the formula, they'll be forced to cut 234 (m) million dollars from next year's budget and give taxpayers refunds.
The Republican governor's plan to fix the budget will ask voters in November to approve giving up 500 (m) million dollars each year from their refunds of tax revenue to make up for budget cuts of the past two years. He also has proposed a tax cut.