SJR 22 - Current law imposes a statewide sales tax at a statutory rate of 4%, with an additional 0.225% rate that is constitutionally authorized, for a total statewide sales tax rate of 4.225%. This constitutional amendment, if approved by the voters, provides that the General Assembly shall not impose a statutory sales tax rate in excess of 3.775%, for a total statewide rate of 4%. This amendment also requires the General Assembly to impose a statewide sales tax on lobbying services at a rate of 6%.
Finally, this amendment repeals Article X, Section 26 of the constitution, which prohibits new sales taxes on transactions not taxed as of January 1, 2015.
JOSH NORBERG