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MO HJR61

Joint Resolution

Official Source

Status

Introduced

1/6/2010

Primary Sponsor

Mike Thomson

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Submits a constitutional amendment to Missouri voters at the next general election in November 2010 or at a special election called by the governor
  • Repeals and replaces section 26(b) of article VI of the Missouri Constitution regarding bonded indebtedness limits
  • Increases the maximum bonded indebtedness for school districts from 15 percent to 20 percent of the value of taxable tangible property
  • Maintains the existing 5 percent bonded indebtedness limit for counties, cities, towns, villages, and other political subdivisions
  • Requires four-sevenths voter approval at general municipal, primary, or general elections, and two-thirds approval at all other elections

Legislative Description

Proposes a constitutional amendment raising the allowable level of bonded indebtedness for school districts

Last Action

Referred: Elementary and Secondary Education (H)

5/14/2010

Committee Referrals

Elementary And Secondary Education5/14/2010

Full Bill Text

No bill text available