Introduced
by
To place before voters in the next general election a Constitutional amendment to lower the Headlee Amendment's state revenue limit from an amount equal to 9.49 percent of the aggregate personal income of all Michigan citizens, to 8.58 percent. Currently the Headlee cap limits non-federal revenue to approximately $30 billion, but actual revenues are around $25 billion, meaning that theoretically the legislature could raise taxes by $5 billion. This amendment would place the cap about half-way between the current actual revenue and the current cap.
Referred to the Committee on Government Operations
