MO
Missouri Senate Bill SJR45
Missouri 2025 Regular Session
Menu
MO

Missouri 2025 Regular Session

Missouri Senate Bill SJR45

Introduced
1/8/25  

Caption

Places limitations on state spending

Impact

If enacted, SJR45 would significantly influence how the state allocates its budget by introducing a systematic cap on expenditures. It mandates that any new tax revenues or fees that don't exceed the established limit or receive voter approval be exempt from this calculation. Moreover, it stipulates that excess net general revenue collections exceeding the appropriations limit are to be refunded to taxpayers on a pro-rata basis. This aspect of the legislation emphasizes a tighter fiscal policy aimed at potentially returning surplus revenues directly to the citizens.

Summary

SJR45, introduced by Senator Carter, proposes an amendment to Article X of the Missouri Constitution that seeks to impose limitations on state spending. The resolution aims to establish an 'appropriations growth limit' based on the annual rate of inflation and the percentage change in Missouri's population. This amendment intends to ensure that state general revenue appropriations do not exceed the calculated growth limit, thus potentially curtailing excessive spending by the state. Voters will be asked to decide on this amendment in the next general election or potentially a special election called by the governor.

Contention

The proposal is likely to generate debate among legislators and the public regarding the implications of such spending controls. Supporters may argue that limiting state spending is essential for fiscal responsibility and accountability, allowing taxpayers to benefit when state revenues exceed forecasts. However, opponents may raise concerns that such stringent limitations could hinder the state’s ability to respond to emergencies, manage unforeseen expenditures, or fund critical public services. The process of establishing what constitutes 'emergency' spending may also be a point of contention, particularly concerning essential services like education, healthcare, and public safety.

Latest MO SJR45 Activity

View All Events: MO 2025 Regular Session SJR45

Companion Bills

No companion bills found.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.

PA SB280

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.