Missouri State Income Tax Credit Amendment (2014)
|Voting on Taxes|
|Not on ballot|
Text of measure
The official ballot title reads as follows:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
Shall the Missouri Constitution be amended to create an individual and corporate state income tax credit of 60% of the amount donated to Missouri not-for-profit elementary and secondary schools or school districts and Missouri not-for-profit foundations providing scholarships for Missouri secondary school graduates to attend Missouri not-for-profit higher education colleges and universities (this credit cannot exceed the donor’s state income tax liability for the year)?
See also: Fiscal impact statement
According the Missouri secretary of state's fiscal note:
- Annual state government revenue may decrease by an estimated $236 million to $938 million. Annual state operating costs may increase by at least $200,000. Reduced state revenue could result in decreased state funding for local governments and public education entities. Public education entities could have an unknown increase in donation revenue.
Path to the ballot
- See also: Amending the Missouri Constitution
The supporting group has until May 4, 2014, to turn in the required amount of valid signatures. Missouri law states that signatures must be obtained from registered voters equal to eight percent of the total votes cast in the 2012 governor's election from six of the state's eight congressional districts, meaning supporters must submit at least 157,788 valid signatures by the May deadline.
State of Missouri
Jefferson City (capital)
|State executive officers||
Governor | Lieutenant Governor | Attorney General | Secretary of State | Treasurer | State Auditor | Commissioner of Education | Director of Insurance | Director of Agriculture | Director of Natural Resources | Director of Labor & Industrial Relations | Chairman of Public Service Commission |