SJR 111 MO

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SS/SCS/SJR 111 - Current constitutional provisions require taxing jurisdictions to reduce property tax levies when the total assessed value of property in the taxing jurisdiction increases by more than the percent increase in inflation, with an exception made for levies imposed for the payment of principal and interest on bonds or other indebtedness. This constitutional amendment, if approved by the voters, removes the exemption for debt service levies. The amendment also provides that, beginning January 1 following the effective date of the amendment, taxing jurisdictions shall calculate levies for each subclass of real property, and shall reduce the levy for any such class if the assessed valuation for such class increases over the previous year, as provided in the amendment. Additionally, this amendment requires the value of new construction and improvements to be included in the calculation of total assessed valuation for the purpose of calculating property tax levies. (Section 22) This amendment is substantially similar to HJR 148 (2026). JOSH NORBERG

• Hudson, Brad Republican · primary

1. May 15, 2026 Informal Calendar S Bills for Perfection · upper
2. Apr 8, 2026 Bill Placed on Informal Calendar · upper
3. Apr 8, 2026 SA 1 to SS for SCS S offered (Beck)--(6511S04.02S) · upper
4. Apr 8, 2026 SS for SCS S offered (Hudson)--(6511S.04F) · upper
5. Mar 30, 2026 Bill Placed on Informal Calendar · upper
6. Mar 12, 2026 Reported from S Select Committee on Property Taxes and the State Tax Commission Committee w/SCS · upper
7. Mar 11, 2026 SCS Voted Do Pass S Select Committee on Property Taxes and the State Tax Commission Committee (6511S.03C) · upper
8. Feb 18, 2026 Hearing Conducted S Select Committee on Property Taxes and the State Tax Commission Committee · upper
9. Feb 5, 2026 Second Read and Referred S Select Committee on Property Taxes and the State Tax Commission Committee · upper
10. Jan 7, 2026 S First Read · upper