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Rep. Long backs TABOR-style amendment to cap spending growth, require voter approval for tax increases
Summary
Representative Wayne Long introduced HJR 1005, proposing a Taxpayer Bill of Rights-style amendment to limit state spending growth, require supermajority approval for tax or fee increases and refund surpluses to taxpayers.
Representative Wayne Long introduced House Joint Resolution 1005, a proposed constitutional amendment modeled on Colorado’s Taxpayer Bill of Rights (TABOR). Long said the amendment would create a constitutional balanced-budget requirement, cap annual state spending growth at 3 percent or the consumer price index (whichever is lower), raise the legislative threshold to three-fourths to approve tax or fee increases, and require surplus…
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