MN HF1598

Proposes an amendment to the Minnesota Constitution by adding Section 27 to Article IV requiring a three-fifths vote in each house of the legislature to pass any law that increases the general rate or expands the taxable base of state income tax, sales tax, or property taxes.

Requires a three-fifths vote in each house to create any new tax of statewide applicability.

Defines property tax increases to include laws that increase a property tax rate or levy set by state law, or that authorize a governmental unit to impose or increase property tax rates or levies without voter approval.

Exempts from the three-fifths requirement any single law that increases taxes but also decreases taxes and does not permanently increase total state tax and property tax revenues on a net basis.

Requires submission of the proposed amendment to Minnesota voters at the 2012 general election with a yes/no ballot question.