Modifies provisions relating property assessment equalization power of the state tax commission

HJR 141 proposes a constitutional amendment that would change how Missouri's state tax commission handles property tax appeals. If approved by voters in 2026, it would limit the commission's authority starting January 1, 2027: the commission could no longer increase property valuations in appeals, only uphold current values or lower them. The amendment also requires the commission to provide each county with detailed reports listing properties that are either undervalued or overvalued compared to their actual market value. This change would directly affect property owners, local governments, and the commission by altering the appeal process for property tax assessments.