SJR 019 | Voter Approval for Revenue or Sales/Income Tax Increase |
Sponsor: | FLOTRON | ||
Committee: | WAME | LR Number: | S1149.01I |
Last Action: | 02/14/95 - Voted Do Not Pass S Ways & Means Committee | ||
Title: | |||
Effective Date: | Emergency Claus | ||
SJR 19 - This resolution, if approved by the voters, would
amend Article X of the Missouri Constitution, relating to
limitations on taxes. It requires that any increase in sales or
income taxes must be approved by a two-thirds vote of the General
Assembly or the voters before becoming effective. In addition,
the General Assembly cannot increase revenue in any fiscal year
in excess of $10 M without a vote of two-thirds of the General
Assembly or approval by the voters. The State Auditor,
Commissioner of Administration or the State Treasurer may
independently determine that actions of the General Assembly will
increase revenues above the $10 M trigger. In such event, the
Governor shall call an election placing the total increase before
the voters.
TOM CRAWFORD