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MO HJR171
Joint Resolution
Status
1/21/2026
Primary Sponsor
Bill Falkner
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AI Summary
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Proposes amending Article VI, Section 26(b) of the Missouri Constitution regarding school district debt limits, to be placed on the November 2026 general election ballot or a special election called by the governor
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School districts may incur debt up to 15% of taxable tangible property value with voter approval; other political subdivisions remain limited to 5%
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Government-owned property used for development or redevelopment projects would remain exempt from taxation but must be included when calculating a school district's assessed valuation for debt limit purposes
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Approval requires four-sevenths voter support at general municipal, primary, or general elections, and two-thirds support at all other elections
Legislative Description
Proposes a constitutional amendment authorizing school districts to include governmental entity property owned for development or redevelopment purposes in calculations of assessed valuation for school district indebtedness purposes
Last Action
HCS Reported Do Pass (H) - AYES: 7 NOES: 0 PRESENT: 0
3/3/2026