HJR 019 | Raises School District Debt Limit to 15% of Tax Base |
Sponsor: | KREIDER | Handling House Bill: | MAXWELL |
Committee: | EDUC | LR Number: | L1029.01T |
Last Action: | 05/10/95 - Delivered to Secretary of State | ||
Title: | |||
Effective Date: | Indefinite | ||
HJR 19 - 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 identical to SJR 21 from 1995.
OTTO FAJEN