IN HJR0004

Proposes amending the Indiana Constitution to require either a two-thirds supermajority vote in both legislative chambers or approval by statewide referendum for any bill that increases state tax rates or establishes a new state tax

The two-thirds supermajority option requires legislators to first declare that an emergency exists before voting to approve the tax increase or new tax

Raises the threshold to override a gubernatorial veto on tax increase bills from a simple majority to a two-thirds supermajority in each chamber

Must be approved by two consecutive sessions of the General Assembly and ratified by a majority of Indiana voters in a referendum before taking effect

This is the first time this proposed constitutional amendment has been considered by a General Assembly (not previously agreed to)