Proposes a constitutional amendment relating to the creation of a sovereign wealth fund for the state of Missouri
HJR 189 proposes creating Missouri's "Show-Me Prosperity Fund," a permanent endowment designed to eventually eliminate all state taxes. The fund would grow through investments, and only after the state treasurer confirms sufficient annual investment income covers current tax revenue could it fund tax eliminations. Strict rules prevent using the fund's principal, limit annual withdrawals to 2% of its 5-year average value, and require voter approval for tax changes. This would directly affect all Missouri residents by potentially replacing state income, sales, corporate, and other taxes once the fund meets specific growth targets.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 12, 2026
Last action Mar 31, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
2
Committee
3
Mar 31, 2026
Lower · Passed
Reported Do Pass (H) - AYES: 11 NOES: 1 PRESENT: 1
lower
Mar 30, 2026
Lower · Passed
Voted Do Pass (H)
lower
Feb 19, 2026
Committee
Referred: Special Committee on Intergovernmental Affairs(H)
lower
Feb 12, 2026
Introduced
Introduced and Read First Time (H)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Colin Wellenkamp
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HJR 189
Scope: MO
Hi! I can help you understand HJR 189. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline