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MO HJR91
Joint Resolution
Status
2/2/2016
Primary Sponsor
Andrew Koenig
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AI Summary
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Proposes a constitutional amendment to Article X, Section 22 of the Missouri Constitution, to be submitted to voters at the November 2016 general election or a special election called by the governor
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Requires majority voter approval in a county before any redevelopment plan (such as tax increment financing) can be authorized by counties or other political subdivisions
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Exempts redevelopment plans authorized before the amendment's approval from the new voter requirement
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Requires voter approval for any modifications, amendments, or expansions to existing redevelopment plans
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Retains existing constitutional provisions prohibiting local governments from levying new taxes or increasing existing tax rates without voter approval
Legislative Description
Proposes a constitutional amendment to require public approval in the relevant county before authorizing tax increment financing
Last Action
Referred: Economic Development and Business Attraction and Retention(H)
5/13/2016