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
Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 1997 Senate Bills
Current Bill Summary

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