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House Amendment 5006

Amendment Text

PAG LIN
  1  1    Amend Senate Joint Resolution 1, as passed by the
  1  2 Senate, as follows:
  1  3    #1.  Page 1, line 32, by striking the word "three"
  1  4 and inserting the following:  "five".
  1  5    #2.  Page 2, line 1, by striking the words "three-
  1  6 fifths" and inserting the following:  "two-thirds".
  1  7    #3.  Page 2, by inserting after line 4 the
  1  8 following:
  1  9    "Sec. ___.  The following amendment to the
  1 10 Constitution of the State of Iowa is proposed:
  1 11    Article VII of the Constitution of the State of
  1 12 Iowa is amended by adding the following new section:
  1 13    REFERENDUM ON TAXES.  Sec. 9.  The people reserve
  1 14 to themselves the power to affirm or reject at the
  1 15 polls any Act or a portion of any Act of the General
  1 16 Assembly which raises the tax rates imposed on the
  1 17 income of individuals or sales or use tax rates.
  1 18    A referendum to affirm or reject an Act or portion
  1 19 of an Act which raises the tax rates imposed on the
  1 20 income of individuals or sales or use tax rates shall
  1 21 be held not later than ninety days after the final
  1 22 adjournment of the session of the General Assembly
  1 23 that passed the Act on which a referendum is required.
  1 24 An Act or portion of an Act which raises the tax rates
  1 25 imposed on the income of individuals or sales or use
  1 26 tax rates shall not become effective until the
  1 27 question is decided by the voters at the polls.
  1 28    An Act or portion of an Act which raises the tax
  1 29 rates imposed on the income of individuals or sales or
  1 30 use tax rates is deemed rejected if a majority of the
  1 31 votes cast are in favor of rejecting the Act.  An Act
  1 32 or portion of an Act rejected is repealed immediately
  1 33 upon certification of the referendum results by the
  1 34 Secretary of State.
  1 35    The General Assembly may provide by law for
  1 36 procedures to implement this section."
  1 37    #4.  Page 2, line 5, by striking the word
  1 38 "amendment" and inserting the following:
  1 39 "amendments".
  1 40    #5.  Page 2, line 6, by striking the word "is" and
  1 41 inserting the following:  "are".
  1 42    #6.  Page 2, line 9, by striking the word "it" and
  1 43 inserting the following:  "the amendments".
  1 44    #7.  Title page, line 1, by inserting after the
  1 45 word "Resolution" the following:  "relating to state
  1 46 financial practices by".
  1 47    #8.  Title page, line 1, by striking the words "an
  1 48 amendment" and inserting the following:  "amendments".
  1 49    #9.  Title page, line 2, by inserting after the
  1 50 word "reserve" the following:  "and providing for the
  2  1 power of the people to affirm or reject Acts of the
  2  2 general assembly relating to the sales or use tax or
  2  3 individual income tax".
  2  4    #10.  By renumbering as necessary.  
  2  5 
  2  6 
  2  7                              
  2  8 COMMITTEE ON APPROPRIATIONS
  2  9 MILLAGE of Scott, Chairperson
  2 10 SJR 1.503 76
  2 11 jp/jw
     

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