H J Res 111 - Tax Limitation Amendment - National Key Vote

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Title: Tax Limitation Amendment

Vote Smart's Synopsis:

Vote to adopt a Constitutional amendment that mandates a two-thirds vote in both Houses of Congress in order to increase taxes.

Highlights:

  • Requires a supermajority (two-thirds) vote in both the Senate and House of Representatives to increase taxes once a resolution is adopted.
  • Permits waiver of supermajority requirement for up to two years if war is declared.
  • Permits waiver if the U.S. is engaged in a military conflict that poses a serious threat to national security and is declared as such by a joint resolution, which becomes law.

NOTE: AN AMENDMENT TO THE CONSTITUTION REQUIRES TWO-THIRDS APPROVAL IN EACH CHAMBER OF CONGRESS, AND RATIFICATION BY THREE-FOURTHS OF THE STATE LEGISLATURES WITHIN SEVEN YEARS OF THE DATE THE AMENDMENT WAS SUBMITTED.

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