SECONDREGULARSESSION
HOUSEJOINTRESOLUTION NO.
140
101STGENERALASSEMBLY
INTRODUCEDBYREPRESENTATIVEBURTON.
5672H.01I DANARADEMANMILLER,ChiefClerk
JOINTRESOLUTION
SubmittingtothequalifiedvotersofMissourianamendmentrepealingSection6ofArticleX
oftheConstitutionofMissouri,andadoptingonenewsectioninlieuthereofrelating
topropertytax.
BeitresolvedbytheHouseofRepresentatives,theSenateconcurringtherein:
ThatatthenextgeneralelectiontobeheldinthestateofMissouri,onTuesdaynext
2followingthefirstMondayinNovember,2022,orataspecialelectiontobecalledbythe
3governorforthatpurpose,thereisherebysubmittedtothequalifiedvotersofthisstate,for
4adoptionorrejection,thefollowingamendmenttoArticleXoftheConstitutionofthestateof
5Missouri:
SectionA.Section6,ArticleX,ConstitutionofMissouri,isrepealedandonenew
2sectionadoptedinlieuthereof,tobeknownasSection6,toreadasfollows:
Section6.1.Allproperty,realandpersonal,ofthestate,countiesandotherpolitical
2subdivisions,andnonprofitcemeteries,[andallreal]shallbeexemptfromtaxation;
3property[usedasahomesteadasdefinedbylaw],realandpersonal,ofanycitizenofthis
4statewhoisa[formerprisonerofwar,asdefinedbylaw,andwhohas]veteranwithatotal
5service-connecteddisability,uptotwohundredthousanddollarsofactualvalueforthe
6year2022andadjustedforinflationthereaftershallbeexemptfromtaxation;allpersonal
7propertyheldasindustrialinventories,includingrawmaterials,workinprogressandfinished
8workonhand,bymanufacturersandrefiners,andallpersonalpropertyheldasgoods,wares,
9merchandise,stockintradeorinventoryforresalebydistributors,wholesalers,orretail
EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 10merchantsorestablishmentsshallbeexemptfromtaxation;andallproperty,realand
11personal,notheldforprivateorcorporateprofitandusedexclusivelyforreligiousworship,
12forschoolsandcolleges,forpurposespurelycharitable,foragriculturalandhorticultural
13societies,orforveterans'organizationsmaybeexemptedfromtaxationbygenerallaw.In
14additiontotheabove,householdgoods,furniture,wearingapparelandarticlesofpersonaluse
15andadornmentownedandusedbyapersoninhishomeordwellingplacemaybeexempt
16fromtaxationbygenerallawbutanysuchlawmayprovideforapproximaterestitutiontothe
17respectivepoliticalsubdivisionsofrevenueslostbyreasonoftheexemption.Alllaws
18exemptingfromtaxationpropertyotherthanthepropertyenumeratedinthisarticle,shallbe
19void.Theprovisionsofthissectionexemptingcertainpersonalpropertyofmanufacturers,
20refiners,distributors,wholesalers,andretailmerchantsandestablishmentsfromtaxationshall
21becomeeffective,unlessotherwiseprovidedbylaw,ineachcountyonJanuary1oftheyear
22inwhichthatcountycompletesitsfirstgeneralreassessmentasdefinedbylaw.
23 2.Allrevenueslostbecauseoftheexemptionofcertainpersonalpropertyof
24manufacturers,refiners,distributors,wholesalers,andretailmerchantsandestablishments
25shallbereplacedtoeachtaxingauthoritywithinacountyfromacountywidetaxhereby
26imposedonallpropertyinsubclass3ofclass1ineachcounty.Fortheyearinwhichthe
27exemptionbecomeseffective,thecountyclerkshallcalculatethetotalrevenuelostbyall
28taxingauthoritiesinthecountyandextenduponallpropertyinsubclass3ofclass1within
29thecounty,ataxattheratenecessarytoproducethatamount.Therateoftaxleviedineach
30countyaccordingtothissubsectionshallnotbeincreasedabovetheratefirstimposedand
31willstandleviedatthatrateunlesslaterreducedaccordingtotheprovisionsofsubsection3.
32Thecountycollectorshalldisbursetheproceedsaccordingtotherevenuelostbyeachtaxing
33authoritybecauseoftheexemptionofsuchpropertyinthatcounty.Restitutionofthe
34revenueslostbyanytaxingdistrictcontainedinmorethanonecountyshallbefromthe
35severalcountiesaccordingtotherevenuelostbecauseoftheexemptionofpropertyineach
36county.Eachyearafterthefirstyearthereplacementtaxisimposed,theamountdistributed
37toeachtaxingauthorityinacountyshallbeincreasedordecreasedbyanamountequaltothe
38amountresultingfromthechangeinthatdistrict'stotalassessedvalueofpropertyinsubclass
393ofclass1atthecountywidereplacementtaxrate.Inordertoimplementtheprovisionsof
40thissubsection,thelimitssetinsection11(b)ofthisarticlemaybeexceeded,withoutvoter
41approval,ifnecessarytoalloweachcountylistedinsection11(b)tocomplywiththis
42subsection.
43 3.Anyincreaseinthetaxrateimposedpursuanttosubsection2ofthissectionshall
44bedecreasedifsuchdecreaseisapprovedbyamajorityofthevotersofthecountyvotingon
45suchdecrease.Adecreaseintheincreasedtaxrateimposedundersubsection2ofthissection
46maybesubmittedtothevotersofacountybythegoverningbodythereofuponitsownorder,
HJR140 2 47ordinance,orresolutionandshallbesubmitteduponthepetitionofatleasteightpercentof
48thequalifiedvoterswhovotedintheimmediatelyprecedinggubernatorialelection.
49 4.Asusedinthissection,theterms"revenueslost"and"lostrevenues"shallmean
50thatrevenuewhicheachtaxingauthorityreceivedfromtheimpositionofatangiblepersonal
51propertytaxonallpersonalpropertyheldasindustrialinventories,includingrawmaterials,
52workinprogressandfinishedworkonhand,bymanufacturersandrefiners,andallpersonal
53propertyheldasgoods,wares,merchandise,stockintradeorinventoryforresaleby
54distributors,wholesalers,orretailmerchantsorestablishmentsinthelastfulltaxyear
55immediatelyprecedingtheeffectivedateoftheexemptionfromtaxationgrantedforsuch
56propertyundersubsection1ofthissection,andwhichwasnolongerreceivedaftersuch
57exemptionbecameeffective.
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HJR140 3