Page 4 - ஜஸ்டின் மலை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

by John Haughey, The Center Square  | July 09, 2021 05:00 PM Print this article Missouri lawmakers agreed to raise the state’s gas tax for the first time in 25 years during their 2021 session, but Gov. Mike Parson has not signed the bill amid concerns about its constitutionality under the state’s Hancock Amendment. The 1980 Hancock Amendment requires Missouri to refund money to income tax payers when a new tax or fee exceeds a percentage of total state revenues unless approved by voters in a statewide referendum. Named after the late Taxpayer Survival Association founder and four-term Republican U.S. Rep. Mel Hancock, under amendment, lawmakers set that percentage. During fiscal year 2022 (FY22) budget deliberations, it was 1%, about $111 million.

United statesSouth carolinaMike parsonDave schatzJohn simmonsJeremy cadyMel hancockJustin hillDottie baileyJered taylorTony lovascoJason chipmanTaxpayer survival associationDepartment of revenueSenate billMotor fuels tax