Loading chat...

MO HJR6

Joint Resolution

Status

Introduced

1/7/2015

Primary Sponsor

Jeanie Lauer

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Proposes a constitutional amendment to allow school districts in first class charter counties to exceed the standard 15% debt limit and incur debt up to 25% of taxable tangible property value

  • Requires a simple majority vote of qualified electors to authorize debt exceeding 15% but not more than 25%

  • Additionally requires voters to approve a separate question at the same election by four-sevenths majority (at general/primary elections) or two-thirds majority (at other elections) specifying the debt amount

  • Would be submitted to Missouri voters at the November 2016 general election or a special election called by the governor

  • Maintains existing debt limits for other political subdivisions at 5% of taxable tangible property and 15% for school districts not in first class charter counties

Legislative Description

Proposes a constitutional amendment regarding when and the amount that a school district in a first classification charter county can become indebted

Last Action

Reported Do Pass (H) - AYES: 9 NOES: 0 PRESENT: 0

4/30/2015

Committee Referrals

Select Committee on Education4/14/2015
Elementary And Secondary Education3/11/2015

Full Bill Text

No bill text available