H.J.Res.131

Missouri HJR131 proposes a constitutional amendment to limit tax increases and require voter approval for certain tax changes.

Missouri HJR131 seeks to amend the state constitution to impose a cap on tax increases and mandate voter approval for certain tax changes. The amendment sets a revenue limit based on the previous fiscal year's state revenues and Missouri's personal income. If tax or fee increases exceed this limit, the excess revenues must be refunded. The amendment also requires any tax or fee increase to be subject to a public vote unless it is for the payment of bond principal and interest. The Missouri Supreme Court has original jurisdiction to hear challenges to enforce this amendment.