SJR 025 Removes authorization for political subdivisions to revise tax levies to adjust for inflation
Sponsor:Klarich Co-Sponsor(s)
LR Number:3145S.02I Fiscal Note:3145-02
Committee:Ways and Means
Last Action:02/05/02 - Voted Do Pass S Ways & Means Committee Journal page:
Title:SJR 25
Effective Date:Contingent
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Current Bill Summary

SJR 25 - This proposed constitutional amendment, if approved by the voters, would remove the current authorization for political subdivisions to use an inflationary growth factor to calculate the increase in assessed valuation of property in revising its tax levy. The amendment would also require that the St. Louis County Assessor be an elected official beginning in 2004.