Missouri 2023 Regular Session

Missouri Senate Bill SJR47

Introduced
3/1/23  

Caption

Establishes the Stop Socialism Act

Impact

Should SJR47 be approved, it will significantly alter how state general revenue appropriations are managed throughout Missouri. By mandating that counties only receive a proportion of state funds equivalent to their tax contributions, it will impact areas relying on state support for services. This reform aims to encourage localities to increase their revenue generation capabilities and reduce dependency on state funding, ultimately transforming the fiscal landscape of local governance and financial support in the state.

Summary

SJR47, known as the 'Stop Socialism Act', proposes an amendment to the Missouri Constitution aimed at preventing the redistribution of wealth by the state. The resolution declares socialism as incompatible with a free and prosperous society and intends to limit state appropriations to ensure that areas contributing less in tax revenues do not rely on government aid. The bill seeks to establish clear parameters around how state funds are allocated based on local revenue contributions, effectively preventing resource distribution from more prosperous regions to those that are less so.

Sentiment

The sentiment surrounding SJR47 is sharply divided. Supporters, primarily from conservative factions, view the bill as a necessary step towards fiscal responsibility and a means to counteract socialism. Meanwhile, critics argue that it undermines the principle of equitable support across regions, particularly disadvantaging low-income or rural areas that may not have sufficient revenue sources. This political divide highlights broader ideological debates regarding the role of government in economic support and social safety nets.

Contention

Key points of contention include the implications of strictly adhering to a formula that favors tax-rich counties, potentially exacerbating inequalities between affluent and less affluent regions. Opponents of SJR47 express that this approach could lead to entrenched disadvantages for communities already struggling economically, restricting their access to necessary state resources. As such, the resolution emphasizes ongoing debates about the balance between individual accountability and collective responsibility in state governance.

Companion Bills

No companion bills found.

Previously Filed As

MO SB143

Establishes a tax credit for grocery stores in a food desert

MO HB2587

Establishes the Regulatory Sandbox Act

MO SB705

Establishes the Joint Committee on Rural Economic Development

MO HB268

Establishes the Regulatory Sandbox Act

MO HB133

Establishes the Entertainment Industry Jobs Act

MO SJR34

Modifies provisions relating to limits on state revenue

MO SB52

Establishes the Show MO Act

MO SB58

Establishes the Show MO Act

MO HB2170

Establishes the "Missouri Rural Access to Capital Act" to promote rural economic development

MO SB413

Establishes the Missouri Angel Investment Incentive Act

Similar Bills

No similar bills found.