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SECOND REGULAR SESSION
HOUSE COMMITTEE SUBSTITUTE FOR
HOUSE JOINT
RESOLUTION NO. 171
103RD GENERAL ASSEMBL Y
6805H.02C JOSEPH ENGLER, Chief Clerk
JOINT RESOLUTION
Submitting to the qualified voters of Missouri an amendment repealing Section 26(b) of
Article VI of the Constitution of Missouri, and adopting one new section in lieu
thereof relating to school district indebtedness.
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 VI of the Constitution of the state
5 of Missouri:
Section A. Section 26(b), Article VI, Constitution of Missouri, is repealed and one
2 new section adopted in lieu thereof, to be known as Section 26(b), to read as follows:
Section 26(b). 1. (1) Any county , city , incorporated town or village or other political
2 corporation or subdivision of the state, by vote of the qualified electors thereof voting
3 thereon, may become indebted in an amount not to exceed five percent of the value of taxable
4 tangible property therein as shown by the last completed assessment for state or county
5 purposes[ , except that ] .
6 (2) (a) A school district by a vote of the qualified electors voting thereon may
7 become indebted in an amount not to exceed fifteen percent of the value of such taxable
8 tangible property .
9 (b) Pr operty owned by a governmental entity under general law or any prov ision
10 of this constitution authorizing a governmental entity to carry out a pr oject for
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.
11 development or redev elopment purposes shall be exempt fr om taxation but shall be
12 included in calculation of the assessed valuation of prop erty in a school district for
13 purposes of determining the assessed valuation of taxable tangible prop erty when
14 calculating the limitation on school district indebtedness.
15 2. For elections referred to in this section the vote required shall be four- sevenths at
16 the general municipal election day , primary or general elections and two-thirds at all other
17 elections.
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HCS HJR 171 2