Missouri Amendment 7: Public endowment and possible tax replacement
Missouri · Constitutional amendment · Budget · Statewide decision
Explanation reviewed 2026-10-27. AI-written and checked against linked official evidence; not an election-office summary.
AI-written summary
Would create a protected endowment intended eventually to replace state taxes with investment earnings. Withdrawals would depend on sufficient earnings and be capped at 3% of the fund’s five-year average value. Lawmakers could restore revenue sources if the fund failed to meet its obligations.
What applies now
The proposed Show-Me Prosperity Fund does not yet exist; state taxes currently support government.
If yes / for
Create the endowment and conditional tax-replacement framework.
If no / against
Do not create this constitutional endowment.
Costs and funding
Official estimates report no costs or savings. There is no immediate tax reduction; later reductions depend on sufficient fund earnings.
Timing
Implementation date not independently established in this baseline.
Passage rule
Threshold not independently established here; consult the official text.
The latest automated source check failed. This remains the previously reviewed explanation.
Source notes
- The amendment does not guarantee that investment earnings will become sufficient to replace taxes.