Bill > SJR91

This joint resolution proposes a constitutional amendment to modify Missouri's income tax provisions, which will be placed on the ballot for voter consideration in the November 2026 general election or at a special election called by the governor. The resolution specifically focuses on repealing and replacing Section 4(d) of Article X of the Missouri Constitution, which relates to income tax legislation. The key change involves giving the state legislature broader authority to define income by referencing federal tax laws, while also placing a constitutional cap on the state income tax rate at 4.7%. This means the general assembly can adopt federal tax law definitions and make exceptions or modifications to those definitions, but cannot set an income tax rate higher than 4.7%. The proposed amendment provides the legislature with flexibility in defining income while simultaneously establishing a clear maximum tax rate limit, which could potentially provide taxpayers with some predictability and protection against excessive taxation.

Labor and Employment

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=415