HB124 Summary

• Proposes a constitutional amendment to prohibit counties and municipalities from collecting occupational taxes on gross receipts from vocations, occupations, callings, or professions unless the tax was imposed prior to January 1, 2011.

• Amendment becomes effective upon approval by a majority of qualified electors voting in a statewide election conducted according to constitutional procedures.

• Preserves existing authority to impose business licenses and municipal business licenses granted by local act or other current law.

• Election officials must place the amendment on the ballot with a yes/no vote option and specify the substance of the proposed constitutional change.