Senate Joint Resolution 2002 - Introduced



                                  SENATE JOINT RESOLUTION       
                                  BY  BLACK


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                SENATE JOINT RESOLUTION

  1 A Joint Resolution proposing an amendment to the Constitution of
  2    the State of Iowa to dedicate certain increased revenues from
  3    the state sales and use taxes.
  4 BE IT RESOLVED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 5080XS 81
  6 mg/je/5

PAG LIN



  1  1    Section 1.  The following amendment to the Constitution of
  1  2 the State of Iowa is proposed:
  1  3    Article VII of the Constitution of the State of Iowa is
  1  4 amended by adding the following new section:
  1  5    SALES AND USE TAX REVENUE INCREASE.  SEC. 10.  The first
  1  6 sixty million dollars of the increase in the state sales and
  1  7 use tax revenues received in a fiscal year over the state
  1  8 sales and use tax revenues received in the previous fiscal
  1  9 year shall be equally dedicated to the following purposes:
  1 10    1.  One=third, not to exceed twenty million dollars, shall
  1 11 be dedicated for water quality initiatives.
  1 12    2.  One=third, not to exceed twenty million dollars, shall
  1 13 be deposited in the fish and game protection fund.
  1 14    3.  One=third, not to exceed twenty million dollars, shall
  1 15 be dedicated to and deposited in the Iowa resource enhancement
  1 16 and protection fund or its successor fund as the General
  1 17 Assembly may by law provide.
  1 18    Use tax revenues do not include any amounts to be credited
  1 19 to the road use tax fund or its successor fund as the General
  1 20 Assembly may by law provide.
  1 21    This section shall be interpreted and implemented to
  1 22 achieve its purpose to increase funds available for preserving
  1 23 and promoting environmental quality.  The General Assembly
  1 24 shall enact laws to implement this section.
  1 25    Sec. 2.  REFERRAL AND PUBLICATION.  The foregoing proposed
  1 26 amendment to the Constitution of the State of Iowa is referred
  1 27 to the General Assembly to be chosen at the next general
  1 28 election for members of the General Assembly, and the
  1 29 Secretary of State is directed to cause it to be published for
  1 30 three consecutive months previous to the date of that election
  1 31 as provided by law.
  1 32                           EXPLANATION
  1 33    This joint resolution proposes an amendment to the state
  1 34 constitution.  The constitutional amendment requires the first
  1 35 $60 million of the increase in state sales and use tax
  2  1 revenues received in a fiscal year over the amount received in
  2  2 the previous fiscal year to be equally dedicated to water
  2  3 quality initiatives, deposited in the fish and game protection
  2  4 fund, and deposited in the Iowa resource enhancement and
  2  5 protection fund.
  2  6    Upon passage of the joint resolution, the proposed
  2  7 amendment is to be referred to the next general assembly for
  2  8 its consideration a second time before it may be submitted to
  2  9 the electorate for ratification.
  2 10 LSB 5080XS 81
  2 11 mg:rj/je/5.1