SP0648 LD 1819 |
First Regular Session - 123rd Legislature - Text: MS-Word, RTF or PDF |
LR 625 Item 4 |
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Bill Tracking | Chamber Status |
Amend the amendment in subsection 1 in the headnote (page 1, line 13 in amendment) by striking out the following: " tax." and inserting the following: ' tax; exemptions and credits.'
Amend the amendment in subsection 1 in the 3rd line (page 1, line 15 in amendment) by inserting after the following: " decreased" the following: ' nor may any tax exemption be repealed or tax credit be reduced or repealed'
Amend the amendment in the question in the 3rd line (page 1, line 21 in amendment) by inserting after the following: "sales tax" the following: 'or to repeal or reduce a tax exemption or credit'
summary
This amendment clarifies that the 2/3 vote requirement for changes in tax rates includes the repeal or reduction of a tax credit or repeal of a tax exemption.