HOUSE JOINT RESOLUTION NO. 179 103RD GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE SELF.
6008H.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 resolved by the House of Representatives, the Senate concurring therein:
That at the next general election to be held in the state of Missouri, on Tuesday 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Article X of the Constitution of the state of 5 Missouri: Section A. Section 6, Article X, Constitution of Missouri, is repealed and one new 2 section adopted in lieu thereof, to be known as Section 6, to read as follows: Section 6. 1.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 from 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
EXPLANATION — 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. HJR 179 2
9 distributors, wholesalers, or retail merchants or establishments shall be exempt from taxation 10 [; and]. 11 (4) All tangible personal property owned by an individual who is sixty-five years 12 of age or older shall be exempt from any state or local tangible personal property tax. 13 (5) All property, real and personal, not held for private or corporate profit and used 14 exclusively for religious worship, for schools and colleges, for purposes purely charitable, for 15 agricultural and horticultural societies, or for veterans' organizations may be exempted from 16 taxation by general law. 17 (6) In addition to the above, household goods, furniture, wearing apparel and articles 18 of personal use and adornment owned and used by a person in his home or dwelling place 19 may be exempt from taxation by general law but any such law may provide for approximate 20 restitution to the respective political subdivisions of revenues lost by reason of the exemption. 21 (7) All laws exempting from taxation property other than the property enumerated in 22 this article[,] shall be void. 23 (8) The provisions of this section exempting certain personal property of 24 manufacturers, refiners, distributors, wholesalers, and retail merchants and establishments 25 from taxation shall become effective, unless otherwise provided by law, in each county on 26 January 1 of the year in which that county completes its first general reassessment as defined 27 by law. 28 2. All revenues lost because of the exemption of certain personal property of 29 manufacturers, refiners, distributors, wholesalers, and retail merchants and establishments 30 shall be replaced to each taxing authority within a county from a countywide tax hereby 31 imposed on all property in subclass 3 of class 1 in each county. For the year in which the 32 exemption becomes effective, the county clerk shall calculate the total revenue lost by all 33 taxing authorities in the county and extend upon all property in subclass 3 of class 1 within 34 the county, a tax at the rate necessary to produce that amount. The rate of tax levied in each 35 county according to this subsection shall not be increased above the rate first imposed and 36 will stand levied at that rate unless later reduced according to the provisions of subsection 3. 37 The county collector shall disburse the proceeds according to the revenue lost by each taxing 38 authority because of the exemption of such property in that county. Restitution of the 39 revenues lost by any taxing district contained in more than one county shall be from the 40 several counties according to the revenue lost because of the exemption of property in each 41 county. Each year after the first year the replacement tax is imposed, the amount distributed 42 to each taxing authority in a county shall be increased or decreased by an amount equal to the 43 amount resulting from the change in that district's total assessed value of property in subclass 44 3 of class 1 at the countywide replacement tax rate. In order to implement the provisions of 45 this subsection, the limits set in section 11(b) of this article may be exceeded, without voter HJR 179 3
46 approval, if necessary to allow each county listed in section 11(b) to comply with this 47 subsection. 48 3. Any increase in the tax rate imposed pursuant to subsection 2 of this section shall 49 be decreased if such decrease is approved by a majority of the voters of the county voting on 50 such decrease. A decrease in the increased tax rate imposed under subsection 2 of this section 51 may be submitted to the voters of a county by the governing body thereof upon its own order, 52 ordinance, or resolution and shall be submitted upon the petition of at least eight percent of 53 the qualified voters who voted in the immediately preceding gubernatorial election. 54 4. As used in this section, the terms "revenues lost" and "lost revenues" shall mean 55 that revenue which each taxing authority received from the imposition of a tangible personal 56 property tax on all personal property held as industrial inventories, including raw materials, 57 work in progress and finished work on hand, by manufacturers and refiners, and all personal 58 property held as goods, wares, merchandise, stock in trade or inventory for resale by 59 distributors, wholesalers, or retail merchants or establishments in the last full tax year 60 immediately preceding the effective date of the exemption from taxation granted for such 61 property under subsection 1 of this section, and which was no longer received after such 62 exemption became effective. ✔