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SJR 95 MO
Passed Legislature

SS/SCS/SJR 95 - This constitutional amendment, if approved by voters, establishes the "Show-Me Prosperity Fund", which is established as a permanent public endowment to provide long-term fiscal stability with the goal of eliminating state-imposed taxes without impairing the real value of the fund's principal. The fund shall consist of money appropriated to it by the General Assembly, and may also receive gifts, donations, grants, and bequests from any source. The State Treasurer shall invest the fund in exchange-traded funds tracking the stock performance of the Standard and Poor's 500 a manner consistent with fiduciary standards applicable to public trust funds. No money shall be appropriated from the fund until the notification is given by the State Treasurer that the net investment earnings of the fund, as defined in the amendment, are sufficient to eliminate state-imposed taxes, at which time net investment earnings from the fund shall be used to eliminate state taxes as provided in the amendment. The total amount of moneys that may be appropriated from the fund in a fiscal year shall not exceed three percent of the average market value of the fund over the preceding five fiscal years. Upon the elimination of all state-imposed taxes, no such taxes shall thereafter be enacted, provided, however, that in the event the fund is unable to meet its obligations due to insolvency, revenue shortfall, or program failure, the General Assembly shall retain full authority to appropriate funds from any lawful source and to enact legislation establishing or increasing taxes or other revenues as necessary to ensure continuity of state programs and fulfillment of state expenditures that were anticipated to be supported by the fund. Upon the elimination of all state-imposed taxes, the General Assembly may appropriate net investment earnings from the fund for the purpose of replacing federal moneys received by the state, for issuing dividend payments to residents of the state, or both. The principal of the fund shall not be appropriated, pledged, or borrowed against. The State Auditor shall conduct an audit of the fund to ensure compliance with the provisions of the amendment at such times that the Auditor deems necessary, but no less than once every three fiscal years. This amendment is substantially similar to HJR 189 (2026). JOSHUA NORBERG

MO · session 2026 · Senate · bill

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Introduced Dec 1, 2025

Latest action (May 28, 2026) Prefiled

Summary

SS/SCS/SJR 95 - This constitutional amendment, if approved by voters, establishes the "Show-Me Prosperity Fund", which is established as a permanent public endowment to provide long-term fiscal stability with the goal of eliminating state-imposed taxes without impairing the real value of the fund's principal. The fund shall consist of money appropriated to it by the General Assembly, and may also receive gifts, donations, grants, and bequests from any source. The State Treasurer shall invest the fund in exchange-traded funds tracking the stock performance of the Standard and Poor's 500 a manner consistent with fiduciary standards applicable to public trust funds. No money shall be appropriated from the fund until the notification is given by the State Treasurer that the net investment earnings of the fund, as defined in the amendment, are sufficient to eliminate state-imposed taxes, at which time net investment earnings from the fund shall be used to eliminate state taxes as provided in the amendment. The total amount of moneys that may be appropriated from the fund in a fiscal year shall not exceed three percent of the average market value of the fund over the preceding five fiscal years. Upon the elimination of all state-imposed taxes, no such taxes shall thereafter be enacted, provided, however, that in the event the fund is unable to meet its obligations due to insolvency, revenue shortfall, or program failure, the General Assembly shall retain full authority to appropriate funds from any lawful source and to enact legislation establishing or increasing taxes or other revenues as necessary to ensure continuity of state programs and fulfillment of state expenditures that were anticipated to be supported by the fund. Upon the elimination of all state-imposed taxes, the General Assembly may appropriate net investment earnings from the fund for the purpose of replacing federal moneys received by the state, for issuing dividend payments to residents of the state, or both. The principal of the fund shall not be appropriated, pledged, or borrowed against. The State Auditor shall conduct an audit of the fund to ensure compliance with the provisions of the amendment at such times that the Auditor deems necessary, but no less than once every three fiscal years. This amendment is substantially similar to HJR 189 (2026). JOSHUA NORBERG

Sponsor (1)

Action history (32)
  1. May 28, 2026 Delivered to Secretary of State · upper
  2. May 28, 2026 Signed by House Speaker · lower
  3. May 28, 2026 Signed by Senate President Pro Tem · upper
  4. May 28, 2026 Reported Duly Enrolled Rules, Joint Rules, Resolutions & Ethics Committee · upper
  5. May 15, 2026 Truly Agreed To and Finally Passed · upper
  6. May 15, 2026 H Third Read and Passed · lower
  7. May 13, 2026 Reported Do Pass H Fiscal Review · lower
  8. May 11, 2026 Voted Do Pass H Fiscal Review · lower
  9. Apr 30, 2026 Referred H Fiscal Review Committee · lower
  10. Apr 29, 2026 Reported Do Pass H Rules - Legislative · lower
  11. Apr 29, 2026 Voted Do Pass H Rules - Legislative · lower
  12. Apr 20, 2026 Referred H Rules - Legislative · lower
  13. Apr 9, 2026 Reported Do Pass H Special Committee on Tax Reform · lower
  14. Apr 9, 2026 Voted Do Pass H Special Committee on Tax Reform · lower
  15. Apr 2, 2026 Hearing Conducted H Special Committee on Tax Reform · lower
  16. Mar 26, 2026 Referred H Special Committee on Tax Reform · lower
  17. Mar 24, 2026 H Second Read · lower
  18. Mar 23, 2026 H First Read · lower
  19. Mar 23, 2026 S Third Read and Passed · upper
  20. Mar 23, 2026 Reported from S Fiscal Oversight Committee · upper
  21. Mar 23, 2026 Voted Do Pass S Fiscal Oversight Committee · upper
  22. Mar 23, 2026 Hearing Conducted S Fiscal Oversight Committee · upper
  23. Mar 12, 2026 Referred S Fiscal Oversight Committee · upper
  24. Mar 11, 2026 Reported Truly Perfected S Rules, Joint Rules, Resolutions and Ethics Committee · upper
  25. Mar 11, 2026 Perfected · upper
  26. Mar 11, 2026 SS for SCS S offered & adopted (Schnelting)--(4511S.20F) · upper
  27. Feb 19, 2026 Reported from S Economic and Workforce Development Committee w/SCS · upper
  28. Feb 11, 2026 SCS Voted Do Pass S Economic and Workforce Development Committee (4511S.16C) · upper
  29. Feb 4, 2026 Hearing Conducted S Economic and Workforce Development Committee · upper
  30. Jan 27, 2026 Second Read and Referred S Economic and Workforce Development Committee · upper
  31. Jan 7, 2026 S First Read · upper
  32. Dec 1, 2025 Prefiled · upper

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