Summary as introduced:
Constitutional amendment (first resolution); surplus revenues; refunds to taxpayers. Provides for a refund to taxpayers of surplus revenues remaining at the end of each biennium, as long as requisite deposits are made to the Revenue Stabilization Fund and the remaining surplus exceeds $50 million. The refunds to income taxpayers will be based on the taxpayer's share of the total income tax revenues for the year of the surplus. This resolution is incorporated into HJR 592.
01/08/03 House: Presented & ordered printed, prefiled 10/03/02 035782896 pdf
01/08/03 House: Presented & ordered printed, prefiled 10/03/02 035782896
01/08/03 House: Referred to Committee on Privileges and Elections
01/20/03 House: Assigned to P. & E. sub-committee: 1
01/24/03 House: Incorporated by P.&E. (HJ592-Callahan) (21-Y 0-N)