SB 607; 2R - Taxpayer Protection Act

This bill would amend the state constitution to enact state budget spending restrictions tied to annual growth rates of inflation plus population. Also would establish a state emergency reserve fund as well as place a limit on the state personal income tax rate of 5 percent (down from the current ten percent). The amendment would be subject to a vote of the citizens. Civitas believes the conservative position is to limit the level of government spending, leaving more money in the hands of those who earned it. The conservative vote is yes.