SJR44 - Requires revenues received by the state in excess of what is appropriated be refunded to taxpayers in the form of a tax credit

SJR 44

Requires revenues received by the state in excess of what is appropriated be refunded to taxpayers in the form of a tax credit

Sponsor:

Schaefer

LR Number:

4822S.01I

Committee:

Ways and Means

Last Action:

2/13/2014 - Hearing Conducted S Ways and Means Committee

Journal Page:

Title:

Calendar Position:

Effective Date:

Upon voter approval

Current Bill Summary

SJR 44 - This constitutional amendment, if approved by the voters, requires that any revenue received by the state in a fiscal year in excess of the amount appropriated for such fiscal year shall be returned to taxpayers in the form of a refundable tax credit. Any refund authorized under this act shall be subordinate to and not in addition to any refund under the Hancock Amendment.

MIKE HAMMANN

Amendments