Missouri SB1041 authorizes a property tax for special educational services in metropolitan school districts.
Missouri SB1041 amends Chapter 67 of the Revised Statutes of Missouri by adding a new section allowing the board of education in a metropolitan school district to impose a property tax. The tax, which cannot exceed three cents per hundred dollars of assessed valuation, is intended solely for funding special educational services. The tax will only become effective if approved by a majority vote of qualified voters in a general election. All revenue collected will be deposited in the "Special Educational Services Property Tax Trust Fund" and used exclusively for the designated purposes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.