INTRODUCED
HJR 22 -- Excess State Revenues
Co-Sponsors: Kreider, Fitzwater
Currently, any excess revenue which exceeds the revenue limit
established in Article X of the constitution by more than 1%
must be refunded pro rata based on the income tax liability of
all income taxpayers. This proposed constitutional amendment
earmarks one-half of any excesses over 1% for distribution to
schools through the Twenty-first Century Educational Trust Fund.

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Last Updated September 30, 1999 at 1:29 pm