| SJR 005 | Increases Allowable Debt Limit For School Districts |
| Sponsor: | Maxwell | |||
| LR Number: | S0866.01I | Fiscal Note: | 0866-01 | |
| Committee: | Education | |||
| Last Action: | 05/16/97 - 021 S Calendar S Bills for Perfection | Journal page: | ||
| Title: | ||||
| Effective Date: | Indefinite | |||
SJR 5 - 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 remain unchanged.
This resolution is identical to HJR 19, 1995, which was defeated by the voters in August, 1996 (vote yes: 45%).
This resolution is similar to HJR 2 (TAT) from 1997.
DAVID VALENTINE