Bill > HJR129

This joint resolution proposes a constitutional amendment to increase the debt limit for school districts in Missouri. Specifically, the resolution would modify Article VI, Section 26(b) of the Missouri Constitution to raise the maximum debt a school district can incur from 15% to 20% of the value of taxable tangible property in its jurisdiction. The proposed amendment would be submitted to voters at the next general election in November 2026 or at a special election called by the governor. The resolution also specifies voting requirements, maintaining the existing rule that elections for such debt increases require four-sevenths of votes at general municipal, primary, or general elections, and two-thirds of votes at all other elections. If approved by voters, this change would give school districts more financial flexibility to take on debt for infrastructure, improvements, or other significant investments.

https://house.mo.gov/Bill.aspx?bill=HJR129&year=2026&code=R