Missouri SJR111 proposes constitutional amendments to modify property tax provisions.

Missouri SJR111 seeks to amend the state constitution to change property tax rules. If property values rise more than inflation, the maximum tax rate will be reduced to maintain the same revenue. School districts can set lower operating levies if previously set by a court order. The changes also affect how property tax revenue is calculated and adjusted for inflation. These amendments would be put to a vote in the next general election.

Missouri SJR111 proposes constitutional amendments to modify property tax provisions.

Missouri SJR111 seeks to amend the state constitution to change property tax rules. If property values rise more than inflation, the maximum tax rate will be reduced to maintain the same revenue. School districts can set lower operating levies if previously set by a court order. The changes also affect how property tax revenue is calculated and adjusted for inflation. These amendments would be put to a vote in the next general election.