S.J.Res.117

Missouri SJR117 amends the state constitution to modify provisions relating to state revenue.

Missouri SJR117 amends the state constitution to modify provisions relating to state revenue. It introduces the "Taxpayer Protection Act," which includes provisions for voter approval of tax and debt increases, fiscal year spending limits, and emergency tax declarations. The bill also outlines procedures for ballot issues, including required notices and summaries for voters. It prohibits certain tax increases and mandates the refund of excess revenue. The changes take effect January 1, 2027, and are self-executing, severable, and supersede conflicting provisions.