6571 AMH MCMO BLIN 144

SB 6571 - H AMD

By Representative McMorris

     On page 1, line 8, after "statement" insert "and a taxpayer impact statement"

     On page 1, line 15, after "statements" insert "and taxpayer impact statements"

     On page 2, after line 7, insert the following:

     "A taxpayer impact statement must describe any projected tax increases or tax decreases, including both the total aggregate amount of projected tax increases or decreases and the projected increases or decreases for individual taxpayers or for different classes of taxpayers.  The taxpayer impact statement must include a summary, not exceeding one hundred words, and a more detailed statement that includes the assumptions that were made to develop the tax impacts.  The taxpayer impact statement must be written in clear and concise language and avoid legal and technical terms when possible, and may include easy to understand graphics.  Where appropriate, the taxpayer impact statement may include both estimated dollar amounts and a description placing the estimated dollar amounts into context."

     On page 2, line 8, after "statements" insert "and taxpayer impact statements"

     On page 2, line 30, after "statement" insert "and taxpayer impact statement"

EFFECT:  Requires OFM to prepare taxpayer impact statements for ballot measures that qualify for the ballot, which are printed in voters' pamphlet and posted on the Secretary of State's website.