IOWA VOTERS ARE LIKELY TO DECIDE IN THE 2026 ELECTION IF IOWA’S CONSTITUTION HAS A NEW AMENDMENT THAT SETS A HIGHER THRESHOLD FOR FUTURE STATE INCOME TAX INCREASES.
THE IOWA SENATE HAS GIVEN ITS FINAL APPROVAL TO THE PROPOSED AMENDMENT THAT REQUIRES A “SUPER MAJORITY” OF AT LEAST 34 STATE SENATORS AND 67 REPRESENTATIVES TO APPROVE ANY FUTURE INCREASES IN THE INDIVIDUAL INCOME TAX OR THE STATE’S CORPORATE TAX.
SENATOR ROCKY DEWITT OF LAWTON SAYS IOWA’S CONSTITUTION IS MEANT TO CONFINE GOVERNMENT.
DEWITT1 OC……….TAXATION IS REAL.” :15
DEWITT SAYS 14 OTHER STATES HAVE THIS TYPE OF LIMITATION IN THEIR CONSTITUTIONS AND HE PREDICTS IOWA VOTERS WILL APPROVE IT:
DEWITT2 OC…..SHOULD BE HARD.” :11
DEMOCRATS OPPOSE THE CONCEPT.
SENATOR TONY BISIGNANO OF DES MOINES SAYS REQUIRING TWO-THIRDS VOTES IN THE LEGISLATURE TO RAISE INCOME TAXES WILL TIE THE HANDS OF FUTURE LAWMAKERS WHO HAVE TO RESPOND TO DECLINING TAX REVENUE DURING AN ECONOMIC DOWNTURN.
TAXING1 OC…….WILL EVER SEE.” :12
PROPOSED AMENDMENTS TO IOWA’S CONSTITUTION MUST WIN APPROVAL IN THE IOWA SENATE AND HOUSE TWICE OVER A FOUR YEAR PERIOD.
THIS WAS THE SECOND TIME THE SENATE ENDORSED THE PROPOSAL.
THE HOUSE IS LIKELY TO APPROVE IT A SECOND TIME THIS YEAR OR DURING THE 2026 LEGISLATIVE SESSION.
IF ADOPTED BY VOTERS, THIS WOULD BE THE 52ND AMENDMENT TO IOWA’S CONSTITUTION.
RADIO IOWA/Photo of DeWitt
