3.__Construction.__It is the intent of the Legislature that this chapter be interpreted liberally to restrain excess growth of state and local government.

§1992.__Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1.__Election officer.__"Election officer" means:

A.__In a statewide, county or municipal election, the municipal registrar of voters; or

B.__In an election by the voters of a local district that is not a municipality, the official with responsibility for managing the list of voters of the local district.

2.__Increase in revenue.__"Increase in revenue" means any legislation, local ordinance or tax levy that causes a net gain in revenue and:

A.__Enacts a new tax or fee;

B.__Increases the rate or expands the base of an existing tax or fee;

C.__Reduces benefits or eligibility under the Business Equipment Tax Refund program established in Title 36, chapter 915 without providing the same level of benefits and eligibility under a comparable program or without providing a 100% property tax exemption for property eligible for reimbursement under Title 36, chapter 915;

D.__Repeals or reduces any tax exemption, credit or refund; or

E.__Extends an expiring tax or fee increase.

3.__Inflation adjustment factor.__"Inflation adjustment factor" means the increase in the Consumer Price Index for the most recently available calendar year as calculated by the United States Department of Labor, Bureau of Labor Statistics.

4.__Local district.__"Local district" means any county, municipality or other substate governmental entity with the authority to collect revenue.