Missouri HJR169 proposes a constitutional amendment to restrict state revenue and spending.
Missouri HJR169 proposes a constitutional amendment to restrict state revenue and spending. The amendment, known as the "Taxpayer Protection Act," would require voter approval for new taxes, tax rate changes, and bonded debt increases. It sets limits on annual percentage changes in fiscal year spending and property tax revenue. The amendment also mandates that districts reserve a percentage of fiscal year spending for emergencies and prohibits emergency property taxes. The amendment would take effect on January 1, 2027.
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