***The Iowa Standard is an independent media voice. We rely on the financial support of our readers to exist. Please consider a one-time sign of support or becoming a monthly supporter at $5, $10/month - whatever you think we're worth! If you’ve ever used the phrase “Fake News” — now YOU can actually DO something about it! You can also support us on PayPal at [email protected] or Venmo at Iowa-Standard-2018 or through the mail at: PO Box 112 Sioux Center, IA 51250

Senate Study bill 3064 was introduced as a Ways and Means Committee bill in the Iowa Senate. The proposed constitutional amendment requires a two-thirds majority vote for certain state tax law changes.

The amendment requires a bill increasing the individual income tax rate, corporate income tax rate, sales tax rate or use tax rate be adopted by at least two-thirds of the members elected to each house of the general assembly.

In addition, a new tax imposed by the state would need a two-thirds vote as well.

A lawsuit challenging the enactment of a bill subject to the two-thirds majority passage requirement is required to be filed within a year following the enactment of the bill.

1 COMMENT

  1. Taxes in Des Moines have gotten out of control. Property taxes are outrageous. Look at what Texas does for seniors. I believe the property taxes are frozen at age 65.

LEAVE A REPLY

Please enter your comment!
Please enter your name here