On page 1, line 8, after "(1)" insert "(a)"

     On page 1, line 14, after "election." strike "For the purposes of this subsection, "raises" and insert the following:
     "(b) The definitions in this subsection (1)(b) apply throughout this subsection (1) unless the context clearly requires otherwise.
     (i) "Raises"

     On page 1, line 17, after "fund." insert ""Raises taxes" does not include any action or combination of actions by the legislature that is: (A) A curative or remedial clarification of legislative intent; (B) a modification or repeal of a previously enacted tax preference; (C) a transfer of existing revenues between state accounts; or (D) a change to the use of existing revenues.
     (ii) "Tax preference" means an exemption, exclusion, or deduction from the base of a state tax; a credit against a state tax; a deferral of a state tax; or a preferential state tax rate."