MO HJR17

Submits to Missouri voters a constitutional amendment establishing an "appropriations growth limit" equal to the greater of zero or the sum of annual inflation rate and population change percentage.

Creates three state funds: Cash Operating Reserve Fund (67% of existing balance), Budget Reserve Fund (33% of existing balance), and Taxpayer Protection Stabilization Fund to receive excess revenues.

Allows appropriations to exceed the growth limit only when the governor declares an emergency and the legislature approves by simple majority vote, with such emergency appropriations excluded from the next year's limit calculation.

Requires excess net general revenue collections exceeding 2.5% of allowed appropriations to be transferred to the Taxpayer Protection Stabilization Fund, which must be used for temporary reductions in state individual income tax rates.

Includes a five-year sunset provision unless the program is reauthorized by the legislature, with an additional ten-year sunset if reauthorization occurs.