tom_thinks
Wednesday, June 30, 2004
FAIR Constitutional Amendment: Almost There
All sales tax exemptions will automatically expire in July, 2007, unless the Legislature votes to renew them.
Tax exemptions would STAY for food, prescription drugs, health services, residential rent and utilities, resale, sales of real property and employee salaries and benefits. It specifically says so in the amendment text.
All other exemptions would be voted on separately (to avoid legislative shenanigans), and three-fifths of the Legislature would have to vote to keep an exemption. So, if a lawmaker wants to keep the current exemption on ostrich feed, for example, he or she will have to publicly vote to do it. The Legislature will review the exemptions every ten years to make sure they are in the public interest.
I've seen people out collecting signatures for this, but they could always use some more help. Download the petition here.