SJR 40 - Koenig, Andrew
Modifies several provisions relating to taxation
Bill Details
Sponsor
LR Number
3355S.02I
Title
SJR 40
House Handler
N/A
Journal Page
N/A
Effective Date
Upon Voter Approval
Committee
Current Status
Informal Calendar S Bills for Perfection--SJR 40-Koenig
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SJR 40 - 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 that such prohibition shall apply to professional services and real estate transactions.
This constitutional amendment is identical to SCS/SJR 20 (2019).
JOSH NORBERG