MO HJR14

Submits to Missouri voters a constitutional amendment to add Section 37(i) to Article III, authorizing issuance of bonds not exceeding $1.2 billion for state building and infrastructure projects.

Allocates bond proceeds as follows: up to $600 million for higher education construction and renovation (with minimum 20% to community colleges and 15% institutional match requirement); up to $100 million for state capitol building project; minimum $40 million for public state parks; up to $200 million for mental health facilities capital improvement.

Creates the "Fifth State Building Fund" to receive bond proceeds and establishes dedicated funds including a Public Elementary and Secondary Education Revolving Fund (up to $20 million) and State Building and Infrastructure Revolving Fund for excess balances.

Establishes a five-member "Taxpayer Protection Commission" appointed by the governor and legislative leaders to oversee bond issuance, approve appropriations and projects, inspect facilities, and submit annual compliance reports.

Authorizes the Commissioner of Administration to transfer funds monthly from general revenue to pay bond principal and interest, and allows a direct tax on tangible property if general revenue proves insufficient.