Present Constitution provides that no measure levying or authorizing a new tax or increasing an existing tax by the state or by any statewide political subdivision or legislating with regard to tax exemptions, exclusions, deductions or credits shall be introduced or enacted during a regular session held in an even-numbered year.

Proposed Constitutional Amendment retains present constitution and also provides that no legislation with regard to tax rebates, incentives or abatements shall be introduced or enacted during a regular session held in an even-numbered year.

Present Constitution provides that during a session convening in an odd-numbered year, no matter intended to have the effect of law, including any suspension of law, shall be introduced or considered unless its object is to enact the General Appropriation Bill; enact the comprehensive capital budget; make an appropriation; levy or authorize a new tax; increase an existing tax; levy, authorize, increase, decrease or repeal a fee; dedicate revenue; legislate with regard to tax exemptions, exclusions, deductions, reductions, repeals or credits; or legislate with regard to the issuance of bonds.

Proposed Constitutional Amendment retains present constitution and also requires that legislation with regard to tax rebates, incentives or abatements be introduced or considered during a session convening in an odd-numbered year.