Title: Constitutional Amendment Prohibiting an Income Tax
Vote to pass a joint resolution that submits a constitutional amendment to the voters that prohibits the Legislature from adopting any personal income or payroll tax after January 1, 2011.
-Specifies that the Legislature may institute a tax upon incomes derived from stocks and bonds.
Title: Constitutional Amendment Prohibiting an Income Tax
NOTE: AN AMENDMENT TO THE CONSTITUTION IS A THREE-STEP PROCESS. FIRST, IT REQUIRES APPROVAL OF A SIMPLE MAJORITY IN BOTH THE HOUSE AND SENATE. SECOND, IT REQUIRES TWO-THIRDS APPROVAL BY THE NEXT GENERAL ASSEMBLY FOLLOWING AN ELECTION YEAR, AND THIRD APPROVAL BY THE VOTERS DURING A GUBERNATORIAL ELECTION. THE GOVERNOR CAN VETO THE JOINT RESOLUTION DURING ANY YEAR THE LEGISLATURE PASSES AN AMENDMENT TO THE CONSTITUTION.