Maryland Taxpayers Association
PRESS CONFERENCE
Proposed Maryland Constitutional Amendment (HB1154)
to limit state spending by a strict inflation-and-population formula.
Time and Place: 10 AM, Friday, March 14, 2003
Duke of Gloucester Room, Maryland Inn,
16 Church Circle, Annapolis.

This MTA press conference will feature, in addition to the measure's principal sponsor Delegate Herb McMillan who heads the Taxpayer Protection Caucus in the Maryland House of Delegates - - -

* Senator Ken Cuccinelli whose SJ 362 in the Virginia General Assembly provided a nearby model for HB1154 in the Maryland General Assembly. The Maryland-Virginia Tax Reform movement is now becoming a regional story.

* State-budget expert Dan Clifton of Americans for Tax Reform will detail the need for state constitutional amendments of this nature.

Background from Taxpayer Breaking News:

March 5, 2003. A TABOR of Our Own. Today, Maryland Delegates Herb McMillan, Carmen Amedori, David Boschert, Don Dwyer, William Frank, Kevin Kelly, Tony McConkey, Anthony O'Donnell, and Rosetta Parker introduced HB 1154. The bill proposes a constitutional amendment, modeled on the Colorado's Taxpayers Bill of Rights (TABOR), to limit state spending levels by an inflation-and-population formula.

January 25, 2003. Virginia lawmakers push several constitutional spending curbs, reports The Washington Post, including one proposed amendment (S362) limiting spending to inflation plus the growth in population (as Colorado has done) Columnist Cal Thomas praises Colorado's tax-restraint law. 'ColoradoRepublican Gov. Bill Owens has the right approach. During the booming 1990s, Mr. Owens held down spending and rebated more than $6 billion to state taxpayers. The state flourished, and as a result, Colorado's budget troubles are far less severe than other states.'

Text of the Maryland proposal: http://mlis.state.md.us/2003rs/billfile/hb1154.htm

In-depth analysis of the original Colorado model: http://i2i.org/Publications/IP/Taxfiscal/LearnToLiveWithTABOR.htm

For more information, call Richard Falknor 540.554.2964 or Dee Hodges, 703.244.3431

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