Proposes a constitutional amendment modifying the taxation of property

HJR 7 proposes a constitutional amendment that would fundamentally change Missouri's property tax system. It would remove existing classifications for personal property (like vehicles or furniture) and make real property (land and buildings) the sole category subject to property tax. Key provisions include banning tax classification based on owner characteristics (such as business type or home value) and ending all property taxes on personal property starting in 2028. This amendment directly affects all Missouri property taxpayers, local governments that currently collect personal property taxes, and the state's overall tax structure. If approved by voters in 2026, it would replace 15 existing constitutional sections with 13 new ones governing property taxation.