SS/SCS/HCS/HJRs 173 & 174 - This constitutional amendment, if approved by the voters, modifies provisions relating to taxation. INCOME TAX Current law imposes a graduated income tax rate and authorizes reductions in the top rate of income tax contingent on certain state revenue collections, with an eventual top rate of 4.5%. This amendment provides that the General Assembly shall enact legislation to reduce and eliminate the individual income tax based on revenue growth. Upon the elimination of the income tax, the General Assembly shall be prohibited from enacting such tax. SALES AND USE TAX This amendment authorizes the General Assembly to expand the sales and use tax base to include the ability to tax any goods and services. Beginning twelve months from the effective date of any such legislation, any political subdivision imposing a sales or use tax shall adjust one or more of several tax levies imposed by such political subdivision for the purpose of offsetting ninety-seven percent of any additional revenue received from the expansion of the sales and use tax base. The levies that shall be adjusted are the sales and use tax rate, personal property tax levy, residential real property tax levy, the property tax operating levy, or earnings tax rate. Notwithstanding such provision, no adjustment made pursuant to this provision shall result in a reduction in funding to the public schools within or serving such political subdivision. Beginning twelve months from the effective date of any legislation expanding the sales tax base or increasing the sales tax rate, each constitutionally-imposed sales and use tax rate shall be adjusted in a manner provided by law in order to produce substantially the same amount of tax produced by any sales and use tax base expansion. The State Auditor shall determine any such adjustments. (Section 26) This amendment is substantially similar to SJR 115 (2026). JOSH NORBERG