SJR 4
Modifies provisions relating to taxation
Sponsor:
LR Number:
0989S.01I
Committee:
Last Action:
5/6/2021 - Informal Calendar S Bills for Perfection
Journal Page:
Title:
Calendar Position:
Effective Date:
Upon voter approval

Current Bill Summary

SJR 4 - This constitutional amendment, if approved by the voters, prohibits the General Assembly from setting an income tax rate exceeding 5.9%.

This amendment also modifies a provision prohibiting sales taxes levied on transactions not taxed as of January 1, 2015, by providing an exception for sales and use taxes on subscriptions, licenses for digital products, and online purchases of tangible personal property.

This constitutional amendment is substantially similar to SJR 40 (2020) and SCS/SJR 20 (2019).

JOSH NORBERG

Amendments

No Amendments Found.