| SJR 037 | Suspends Hancock refunds and transfers to the Department of Transportation for highways or the 15-year plan |
| Sponsor: | Johnson | |||
| LR Number: | 2758S.01I | Fiscal Note: | 2758-01 | |
| Committee: | Transportation | |||
| Last Action: | 01/18/00 - Hearing Conducted S Transportation Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | Contingent | |||
SJR 37 - This constitutional amendment, if adopted by
voters, would suspend refunds under Missouri's tax limitation
measure ("The Hancock Amendment") for five years. The refunds,
if any, would be transferred to the Department of Transportation
to be used only for interstate highways or projects originally
included in the 1992 fifteen year plan. The Department cannot
budget expected revenues until they are actually received.
STEPHEN WITTE