SJR 58 Missouri Senate · 2025 Regular Session

Increases the debt limit for school districts

SJR 58 proposes amending Missouri's constitution to increase school districts' debt limit from 5% to 20% of their taxable property value. This change would allow school districts to issue bonds for capital projects (like building repairs or new facilities) without needing voter approval at every election. The amendment requires voter approval in a general election or special election called by the governor. It directly affects Missouri's public school districts by expanding their borrowing capacity for infrastructure needs.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2025 Last action Mar 3, 2025
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1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Mike Henderson
Mike Henderson
RRepublican
MO
3