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SECOND REGULAR SESSION
HOUSE JOINT
RESOLUTION NO. 143
103RD GENERAL ASSEMBL Y
INTRODUCED BY REPRESENT A TIVE JONES (12).
4616H.01I JOSEPH ENGLER, Chief Clerk
JOINT RESOLUTION
Submitting to the qualified voters of Missouri an amendment repealing Section 6 of Article X
of the Constitution of Missouri, and adopting one new section in lieu thereof relating
to property exempt from taxation.
Be it r esolved by the House of Repr esentatives, the Senate concurring ther ein:
That at the next general election to be held in the state of Missouri, on T uesday next
2 following the first Monday in November , 2026, or at a special election to be called by the
3 governor for that purpose, there is hereby submitted to the qualified voters of this state, for
4 adoption or rejection, the following amendment to Article X of the Constitution of the state of
5 Missouri:
Section A. Section 6, Article X, Constitution of Missouri, is repealed and one new
2 section adopted in lieu thereof, to be known as Section 6, to read as follows:
Section 6. 1. (1) All property , real and personal, of the state, counties , and other
2 political subdivisions, and nonprofit cemeteries[ , and ] shall be exempt fr om taxation.
3 (2) All real property used as a homestead , as defined by law , of any citizen of this
4 state who is a former prisoner of war , as defined by law , and who has a total service-
5 connected disability , shall be exempt from taxation[ ; ] .
6 (3) All personal property held as industrial inventories, including raw materials, work
7 in progress and finished work on hand, by manufacturers and refiners, and all personal
8 property held as goods, wares, merchandise, stock in trade or inventory for resale by
EXPLANA TION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is
intended to be omitted from the law . Matter in bold-face type in the above bill is proposed language.
9 distributors, wholesalers, or retail merchants or establishments shall be exempt from taxation
10 [ ; and ] .
11 (4) All property , real and personal, not held for private or corporate profit and used
12 exclusively for religious worship, for schools and colleges, for purposes purely charitable, for
13 agricultural and horticultural societies, or for veterans' or ganizations may be exempted from
14 taxation by general law .
15 (5) In addition to the above, household goods, furniture, wearing apparel and articles
16 of personal use and adornment owned and used by a person in [ his ] such person's home or
17 dwelling place may be exempt from taxation by general law but any such law may provide for
18 approximate restitution to the respective political subdivisions of revenues lost by reason of
19 the exemption.
20 (6) All laws exempting from taxation property other than the property enumerated in
21 this article, shall be void.
22 (7) The provisions of this section exempting certain personal property of
23 manufacturers, refiners, distributors, wholesalers, and retail merchants and establishments
24 from taxation shall become effective , unless otherwise provided by law , in each county on
25 January 1 of the year in which that county completes its first general reassessment as defined
26 by law .
27 (8) A county may exempt an eligible motor vehicle, as defined by general law ,
28 fr om ad valor em personal pr operty taxes imposed in such county on such motor
29 vehicles. The general assembly may provi de the pro cesses and proced ures for such
30 exemption by general law .
31 2. All revenues lost because of the exemption of certain personal property of
32 manufacturers, refiners, distributors, wholesalers, and retail merchants and establishments
33 shall be replaced to each taxing authority within a county from a countywide tax hereby
34 imposed on all property in subclass 3 of class 1 in each county . For the year in which the
35 exemption becomes ef fective, the county clerk shall calculate the total revenue lost by all
36 taxing authorities in the county and extend upon all property in subclass 3 of class 1 within
37 the county , a tax at the rate necessary to produce that amount. The rate of tax levied in each
38 county according to this subsection shall not be increased above the rate first imposed and
39 will stand levied at that rate unless later reduced according to the provisions of subsection 3.
40 The county collector shall disburse the proceeds according to the revenue lost by each taxing
41 authority because of the exemption of such property in that county . Restitution of the
42 revenues lost by any taxing district contained in more than one county shall be from the
43 several counties according to the revenue lost because of the exemption of property in each
44 county . Each year after the first year the replacement tax is imposed, the amount distributed
45 to each taxing authority in a county shall be increased or decreased by an amount equal to the
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46 amount resulting from the change in that district's total assessed value of property in subclass
47 3 of class 1 at the countywide replacement tax rate. In order to implement the provisions of
48 this subsection, the limits set in section 1 1(b) of this article may be exceeded, without voter
49 approval, if necessary to allow each county listed in section 1 1(b) to comply with this
50 subsection.
51 3. Any increase in the tax rate imposed pursuant to subsection 2 of this section shall
52 be decreased if such decrease is approved by a majority of the voters of the county voting on
53 such decrease. A decrease in the increased tax rate imposed under subsection 2 of this section
54 may be submitted to the voters of a county by the governing body thereof upon its own order ,
55 ordinance, or resolution and shall be submitted upon the petition of at least eight percent of
56 the qualified voters who voted in the immediately preceding gubernatorial election.
57 4. As used in this section, the terms "revenues lost" and "lost revenues" shall mean
58 that revenue which each taxing authority received from the imposition of a tangible personal
59 property tax on all personal property held as industrial inventories, including raw materials,
60 work in progress and finished work on hand, by manufacturers and refiners, and all personal
61 property held as goods, wares, merchandise, stock in trade or inventory for resale by
62 distributors, wholesalers, or retail merchants or establishments in the last full tax year
63 immediately preceding the ef fective date of the exemption from taxation granted for such
64 property under subsection 1 of this section, and which was no longer received after such
65 exemption became effectiv e.
✔
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