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1995 SESSION
LD7077484Patrons--Watkins, Baker, Cantor, Fisher, Hargrove, Howell, Katzen, Kidd, Kilgore, May, McClure, McDonnell, Mims, Morgan, O'Brien, Purkey, Rollison, Sherwood and Way; Senators: Calhoun, Miller, K.G., Stolle, Stosch and Woods
RESOLVED by the House of Delegates, the Senate concurring, a majority of the members elected to each house agreeing, That the following amendment to the Constitution of Virginia be, and the same hereby is, proposed and referred to the General Assembly at its first regular session held after the next general election of members of the House of Delegates for its concurrence in conformity with the provisions of Section 1 of Article XII of the Constitution of Virginia to be effective on and after January one, nineteen hundred ninety-seven; namely:
Amend Section 8 of Article X of the Constitution of Virginia as follows:
Section 8. Limit of tax or revenue.
No other or greater amount of tax or revenues shall, at any time, be levied than may be required for the necessary expenses of the government, or to pay the indebtedness of the Commonwealth.
The rates for the state income tax and the retail sales and use tax shall not be increased unless authorized by the affirmative vote of two-thirds of the members elected to each house of the General Assembly.