Proposes a constitutional amendment that Increases the debt limit for school districts

HJR 129 proposes a constitutional amendment to raise Missouri school districts' debt limit from 5% to 20% of their taxable property value. This would allow school districts to borrow more money for projects like building construction or renovations, subject to voter approval. To pass, the amendment requires a 4/7 vote at general elections or a 2/3 vote at other elections. As a constitutional amendment proposal (not a law), it must be approved by voters in a future election. (Bill: HJR 129)