S 0091 Joint Resolution, By Thomas and Reese
Summary: Constitutional amendment, no tax on owner-occupied residential property and motor vehicles; revenue to be replaced by county sales and use tax imposed by General Assembly
    A JOINT RESOLUTION PROPOSING AN AMENDMENT TO SECTION 3, ARTICLE X OF THE CONSTITUTION, 1895, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT OWNER-OCCUPIED RESIDENTIAL PROPERTY AND MOTOR VEHICLES FROM PROPERTY TAX WITH THE REVENUE NOT COLLECTED THEREBY REPLACED BY A COUNTY SALES AND USE TAX IMPOSED AS THE GENERAL ASSEMBLY SHALL PROVIDE BY LAW AND TO PROVIDE THAT PROPERTY TAX MILLAGE RATES APPLICABLE IN THE COUNTY MAY NOT EXCEED THE MILLAGE RATE APPLICABLE FOR THE YEAR OF IMPLEMENTATION OF THE EXEMPTIONS ALLOWED BY THIS AMENDMENT.
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12/11/02	Senate	Prefiled
12/11/02	Senate	Referred to Committee on Finance
01/14/03	Senate	Introduced and read first time SJ-56
01/14/03	Senate	Referred to Committee on Finance SJ-56