Kentucky HB74 proposes a constitutional amendment to limit government spending and require voter approval for new taxes or fee increases.
Kentucky HB74 proposes a constitutional amendment to restrict government spending and mandate voter approval for new taxes or fee increases. The amendment would require all forms of government to seek voter approval before creating new taxes, increasing rates, or extending expiring taxes or fees. It also sets spending limits, mandates emergency reserves, and outlines procedures for emergency taxes. The amendment would be submitted to voters at the next regular election.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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