SJR 021 | Raises school district debt limit to 15% of tax base |
Sponsor: | MAXWELL | ||
Committee: | EDUC | LR Number: | S1259.01I |
Last Action: | 02/28/95 - Hearing Conducted S Education Committee | ||
Title: | |||
Effective Date: | Indefinite | ||
SJR 21 - This resolution would submit a constitutional amendment which, if approved by Missouri voters, would raise the allowable debt limit for school districts from ten to fifteen percent of the value of taxable property in the district. The allowable debt limit for other political subdivisions would remain at five percent of the value of taxable property in the district.
This resolution is similar to HJR 19 from 1995.
OTTO FAJEN