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Missouri One-Year Sales Tax Increase for Technology Parks Initiative (2018)

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Missouri One-Year Sales Tax Increase for Technology Parks Initiative
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Election date
November 6, 2018
Topic
Taxes
Status
Not on the ballot
Type
Constitutional amendment		Origin
Citizens

The Missouri One-Year Sales Tax Increase for Technology Parks Initiative was not on the ballot in Missouri as an initiated constitutional amendment on November 6, 2018.

The measure would have increased the state sales tax an additional 0.10 percent (from 4.225 percent to 4.325 percent) for one year to provide funding for technology parks. The measure would have defined technology parks as "incubators helping create new companies, jobs, and research and development."[1]

Text of measure

Ballot title

The ballot title was as follows:[2]

“ Do you want to amend the Missouri Constitution to:
  • allow the general assembly to change what sales/use taxes are applied to;
  • increase the state sales/use tax by one-tenth of one percent for a period of one year to be used solely for the promotion and development of technology parks in Missouri;
  • allow cities to apply to the state for certified technology park status; and
  • allow counties and cities to place before voters the question of having a technology park in their community?

This proposal will impose a state sales and use tax of one-tenth of one percent for one year. The additional revenues of approximately $71.6 million will be used for the promotion and development of Technology Parks in Missouri.[3]

”

Full text

The full text of the initiative is available here.

Path to the ballot

See also: Laws governing the initiative process in Missouri

Supporters of the initiative were required to collect a number of signatures equivalent to 8 percent of the 2016 gubernatorial vote in six of the eight state congressional districts. This means that the minimum possible number of valid signatures required was 160,199. Signatures needed to be filed with the secretary of state six months prior to the election on November 6, 2018. Six months prior to the election was May 6, 2018.

Steven Reed proposed the initiative.[1] A petition for the initiative was approved for circulation on August 25, 2017.[2] Signatures were filed for the initiative.

See also

External links

Footnotes

  1. ↑ 1.0 1.1 Missouri Secretary of State, "Petition 2018-248," July 17, 2017
  2. ↑ 2.0 2.1 Missouri Secretary of State, "2018 Initiative Petitions Approved for Circulation in Missouri," accessed August 28, 2017
  3. ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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