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AI Summary: The bill aims to require voter approval for any tax increases at the federal level. It mandates that any proposed tax hikes must be approved by a majority of voters in a general election before they can take effect. This measure seeks to enhance transparency and accountability in the taxation process by directly involving the electorate in decisions regarding tax increases. If enacted, this bill would fundamentally change how tax policies are determined and implemented, giving taxpayers a more direct say in their financial obligations to the government.
Latest Action: Prefiled for introduction.
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Actions (3):
2022-12-29 : Prefiled for introduction.
2023-01-09 : First reading, referred to State Government & Tribal Relations.
2024-01-08 : By resolution, reintroduced and retained in present status.
Democrat Republican