SJR 95: Establishes the "Show-Me Prosperity Fund"

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

SS/SCS/SJR 95 - This constitutional amendment, if approved by voters, establishes the "Show-Me Prosperity Fund", which is established as a permanent public endowment to provide long-term fiscal stability with the goal of eliminating state-imposed taxes without impairing the real value of the fund's principal. The fund shall consist of money appropriated to it by the General Assembly, and may also receive gifts, donations, grants, and bequests from any source. The State Treasurer shall invest the fund in exchange-traded funds tracking the stock performance of the Standard and Poor's 500 a manner consistent with fiduciary standards applicable to public trust funds. No money shall be appropriated from the fund until the notification is given by the State Treasurer that the net investment earnings of the fund, as defined in the amendment, are sufficient to eliminate state-imposed taxes, at which time net investment earnings from the fund shall be used to eliminate state taxes as provided in the amendment. The total amount of moneys that may be appropriated from the fund in a fiscal year shall not exceed three percent of the average market value of the fund over the preceding five fiscal years. Upon the elimination of all state-imposed taxes, no such taxes shall thereafter be enacted, provided, however, that in the event the fund is unable to meet its obligations due to insolvency, revenue shortfall, or program failure, the General Assembly shall retain full authority to appropriate funds from any lawful source and to enact legislation establishing or increasing taxes or other revenues as necessary to ensure continuity of state programs and fulfillment of state expenditures that were anticipated to be supported by the fund. Upon the elimination of all state-imposed taxes, the General Assembly may appropriate net investment earnings from the fund for the purpose of replacing federal moneys received by the state, for issuing dividend payments to residents of the state, or both. The principal of the fund shall not be appropriated, pledged, or borrowed against. The State Auditor shall conduct an audit of the fund to ensure compliance with the provisions of the amendment at such times that the Auditor deems necessary, but no less than once every three fiscal years. This amendment is substantially similar to HJR 189 (2026). JOSHUA NORBERG

Sponsors

Sponsors by party (alphabetical): Republican 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. May 28, 2026Reported Duly Enrolled Rules, Joint Rules, Resolutions & Ethics Committee
2. May 28, 2026Signed by Senate President Pro Tem
3. May 28, 2026Signed by House Speaker
4. May 28, 2026Delivered to Secretary of State
5. May 15, 2026H Third Read and Passed
6. May 15, 2026Truly Agreed To and Finally Passed
7. May 13, 2026Reported Do Pass H Fiscal Review
8. May 11, 2026Voted Do Pass H Fiscal Review
9. April 30, 2026Referred H Fiscal Review Committee
10. April 29, 2026Voted Do Pass H Rules - Legislative
11. April 29, 2026Reported Do Pass H Rules - Legislative
12. April 20, 2026Referred H Rules - Legislative

Showing 12 most recent of 32 actions. Full history