| SJR 014 | Eliminates personal property tax; imposes replacement tax on residential and commercial/utility property |
| Sponsor: | House | |||
| LR Number: | S0667.02I | Fiscal Note: | 0667-02 | |
| Committee: | Ways and Means | |||
| Last Action: | 01/19/99 - Hearing Conducted S Ways & Means Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | Contingent | |||
SJR 14 - This proposed constitutional amendment, if approved
by the voters, exempts from taxation all personal property held
after December 31, 2000. Lost tax revenues are reimbursed
through a replacement tax on all residential and
utility/commercial property in each county.
RUSS HEMBREE