Loading chat...
MO HJR6
Joint Resolution
Status
1/7/2015
Primary Sponsor
Jeanie Lauer
Click for details
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