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Missouri · November 3, 2026 general election · Statewide ballot measure

Amendment 7: what your vote means

Permanent public endowment fund to replace state taxes. On every Missouri ballot. Official sources checked October 21, 2026.

Amendment 7 · Legislatively referred constitutional amendment (SS SCS SJR 95, 2026)

Permanent public endowment fund to replace state taxes

Heads up: voting YES on this measure could eventually eliminate state-imposed taxes, once the State Treasurer certifies the new fund’s earnings are enough to replace them.

Official ballot title (quoted exactly)

Shall the Missouri Constitution be amended to establish a permanent public endowment fund to support state government instead of taxing Missouri residents, prohibit the General Assembly from appropriating or diverting the fund, and eliminate state-imposed taxes once the fund generates sufficient revenue to replace them?

Official ballot title as certified by the Missouri Secretary of State (2026 Ballot Measures page).

A YES vote means:

The constitution would create the “Show-Me Prosperity Fund,” a permanent endowment that the General Assembly could not spend until the State Treasurer certifies its earnings are enough to eliminate state-imposed taxes, at which point those taxes would end.

A NO vote means:

No endowment fund would be created in the constitution.

What it would change

  • Who is affected: Missouri taxpayers, the General Assembly, and the State Treasurer.
  • Spending cap: once available, no more than 3% of the fund’s five-year average market value could be appropriated per year.
  • Fallback: if the fund becomes insolvent or falls short, the General Assembly keeps full authority to raise taxes or other revenue.
  • Taxes: the fair ballot language says no immediate impact on taxes, but state-imposed taxes could be eliminated if fund earnings become sufficient.
  • Fiscal impact (official fiscal note summary): State and local governmental entities estimate no costs or savings.

Who supports it and who opposes it

These lists come from official campaign filings (registered committees) and public endorsements, each linked to its source. They are not complete, and SaveYourState does not endorse anyone listed.

Who supports it

Not yet compiled

Who opposes it

Not yet compiled

Official sources

SaveYourState is independent and nonpartisan, not a government site, and does not take positions on ballot measures. This explainer describes effects only, using the official ballot title, explanatory statement, full text, and fiscal impact statement. If anything here differs from those documents, the official documents control.