Section 4 1996 Amendment to ?State Revenue Limit? Provision

• Library: Tax Law 2009

In April 1996, Missouri voters approved an amendment to Hancock that amended the “state revenue limit” provision of the original Hancock Amendment to provide an additional limit on the ability of the General Assembly to increase taxes without voter approval. The amended article X, § 18(e), of the Missouri Constitution requires statewide voter approval for tax or fee increases imposed by the General Assembly that would...