JOINT RESOLUTION · 2015–16 SESSION

SJR 8206: Capital gains tax limit

Providing a constitutional limit on the dollar amount upon which capital gain tax may be imposed or measured.

Summary

The state Constitution is amended to provide that any tax that is imposed on or measured by capital gains may only be imposed on annual capital gains in excess of $500,000 for taxpayers filing joint returns or $250,000 for all other taxpayers.

From the Senate Bill Report (Orig.) (SJR 8206), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

No recorded floor votes. This measure never reached a floor vote.

Bill numbers restart every two years, so the same number is a different bill in each session.

SJR 8206 (2025–26) Right to health care · Did not pass · died in committee
SJR 8206 (2023–24) Property tax rebates · Did not pass · died in committee
SJR 8206 (2021–22) Homestead property tax exem. · Did not pass · died in committee
SJR 8206 (2019–20) Revenue for highway purposes · Did not pass · died in committee
SJR 8206 (2017–18) Right to hunt and fish · Did not pass · died in committee
SJR 8206 (2013–14) Emergency clauses in bills · Did not pass · stalled on the Senate floor
SJR 8206 (2011–12) Extraordinary revenue growth · Passed Legislature · constitutional amendment sent to voters
SJR 8206 (2009–10) Tax increase restrictions · Did not pass · died in committee