Bill > HJR169

This joint resolution proposes a constitutional amendment for Missouri, to be known as the "Taxpayer Protection Act," which will be voted on at the next general election in November 2026 or a special election. If adopted, it will take effect on January 1, 2027, and aims to restrict state and local government revenue and spending by requiring voter approval for new taxes, tax rate increases, or certain financial obligations, with specific definitions for terms like "district" (any government entity excluding enterprises), "emergency" (an unforeseen event requiring immediate action, not economic downturns), and "fiscal year spending" (all expenditures and reserve increases with certain exclusions). The amendment also establishes limits on annual increases in district spending and property tax revenue, generally tied to inflation and population or local growth, and mandates refunds of excess revenue. It prohibits new state real property taxes and local income taxes, allows for business personal property tax exemptions, and requires annual property valuation notices and appeals. Additionally, local districts may reduce or end subsidies for programs delegated by the state, except for K-12 public education or federal mandates. The resolution also outlines procedures for notifying voters about ballot issues related to taxes and debt, including required information and summaries of arguments for and against proposals.

Budget and Finance, Government Affairs

https://house.mo.gov/Bill.aspx?bill=HJR169&year=2026&code=R