Text: SSB02194 Text: SSB02196 Text: SSB02100 - SSB02199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 2.34 THREE-FIFTHS MAJORITY TO 1 2 INCREASE TAXES. 1 3 1. A bill that contains a provision which raises the tax 1 4 rates imposed by the state on the income of individuals or 1 5 corporations or which raises the state sales or use tax rates 1 6 shall require the affirmative votes of at least three-fifths 1 7 of the members of each house of the general assembly for 1 8 passage. 1 9 2. A lawsuit challenging the proper enactment of a bill 1 10 pursuant to this section shall be filed no later than one year 1 11 following the end of the regular or extraordinary session 1 12 during which the bill was enacted. Failure to file a lawsuit 1 13 challenging the proper enactment of a bill pursuant to this 1 14 section within the one-year time limit shall negate the three- 1 15 fifths majority requirement of this section as it applies to 1 16 that bill. 1 17 3. For purposes of this section, "tax rates" with respect 1 18 to the income of individuals or corporations means the 1 19 amounts, expressed as a percentage, under section 422.5 or 1 20 422.33. "Tax rates" with respect to the sales or use tax is 1 21 the amount, expressed as a percentage, and imposed pursuant to 1 22 chapter 422, division IV. 1 23 EXPLANATION 1 24 This bill provides, in statute, that any bill containing a 1 25 provision raising the tax rates imposed by the state on the 1 26 income of individuals or corporations or raising the state 1 27 sales or use tax rates must pass each house of the general 1 28 assembly by a three-fifths majority. 1 29 LSB 4344SC 77 1 30 sc/jl/8
Text: SSB02194 Text: SSB02196 Text: SSB02100 - SSB02199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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