Missouri Corporate Tax Credits Initiative (2008)

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The Missouri Corporate Tax Credits Initiative did not appear on the November 4, 2008 statewide ballot in Missouri as an initiated constitutional amendment. The amendment to the Missouri Constitution, Article X, Relating to Corporate Tax Credits (2008-034) proposed limiting 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 have also required 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.

The ballot was sponsored by Robin Acree.

Status

This initiative failed to submit enough signatures to qualify for the ballot.

See also

External links