Missouri Corporate Tax Credits Initiative (2008)
From Ballotpedia
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| This measure did not appear on a ballot. |
The amendment to the Missouri Constitution, Article X, Relating to Corporate Tax Credits (2008-034) is a constitutional amendment that would limit the authority of the General Assembly to issue new corporate tax credits or deductions in a fiscal year to no more than the amount currently allowed for tax or fee increases without voter approval. It would also require voter approval for any new corporate tax credits or deductions that exceed that amount.
Fiscal Impact: It is unknown since voter approval would be required in the future. For fiscal year 2008, that limit is an estimated $86 million.
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Status
This initiative failed to submit enough signatures to qualify for the ballot.
Sponsor
The ballot was sponsored by Robin Acree.
See also
- Missouri 2008 ballot measures
- Missouri 2008 citizen initiatives
- Missouri Initiative and Referendum Law
- Campaign finance requirements for Missouri ballot measures
