MO HJR57

Submits to Missouri voters a constitutional amendment to create a Fifth State Building Fund authorized to issue up to $800 million in bonds for state building construction and higher education projects.

Allocates maximum $250 million for non-higher education state buildings and facilities, with at least $40 million designated for parks and park facilities maintenance.

Requires minimum 15% of bond proceeds to be allocated to public community colleges for construction, renovation, and rebuilding of institutional buildings.

Bonds shall be retired serially within 25 years, with principal and interest paid from the Fifth State Building Fund secured by the state's full faith and credit.

Requires the governor to develop percentage plans for minority business participation and employment opportunities in state bond programs and construction projects.