SUMMARY:

            This constitutional amendment proposal would limit any exemptions to sales taxes enacted after 1/1/11 to 4 years, renewed for periods up to 4 years, if the state auditor or appropriate official certifies that the goal has been attained and that the exemption is in the state’s best interest.

NOTE:

            In a period of revenue shortfall, such an action could provide additional revenue without it becoming a permanent condition.