Attorney General's Opinion Letter 164-2003
Topics:
Initiative petition.
Initiative.
Summary conclusion
Review and approval of legal content and form of a fiscal note summary prepared pursuant to Section 116.175, RSMo, concerning the initiative petition proposal relating to the Education and Health Care Protection Amendment (statutory version 2).
Contents of letter
December 23, 2003
Honorable Claire C. McCaskill
Missouri State Auditor
224 State Capitol Building
Jefferson City, MO 65101
Dear Auditor McCaskill:
By letter dated December 17, 2003, you have submitted a fiscal note and fiscal note summary prepared pursuant to Section 116.175, RSMo 2000, concerning the initiative petition proposal relating to the Education and Health Care Protection Amendment (statutory version 2). The fiscal note summary which you submitted is as follows:
The statutory change would impose a temporary additional sales and use tax of one percent, which would generate additional net revenue of approximately $602 million in 2005, $616 million in 2006, and $632 million in 2007. The indirect fiscal impact on state and local governments, if any, is unknown.
Pursuant to Section 116.175, RSMo 2000, we approve the legal form and content of the fiscal note summary. Since our review of the fiscal note summary is mandated by statute, no action we take with respect to such review should be construed as an endorsement of the petition or as the expression of any view regarding the objectives of its proponents.
Sincerely,
JEREMIAH W. (JAY) NIXON
Attorney General