Missouri 2026 Regular Session Status: Passed Senate

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

Last action — Reported Duly Enrolled Rules, Joint Rules, Resolutions & Ethics Committee

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the Senate. Introduced December 01, 2025. It now moves to the second chamber.

Signed by Governor Mike Kehoe (Republican) on May 28, 2026.

Next likely step: consideration and a floor vote in the House.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 26% · moderate confidence

  • Passed Senate

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

Establishes the Show-Me Prosperity Fund to potentially eliminate state taxes using investment earnings.

This measure proposes creating a permanent fund that would use net investment earnings to eliminate state-imposed taxes if certain conditions are met. The fund will be invested according to fiduciary standards, and its principal cannot be touched.

What this means for you
  • Families: This fund could lead to the elimination of state-imposed taxes, potentially affecting family finances.
  • Small Business: Small businesses may benefit from the potential removal of state taxes, enhancing their financial environment.

Summary

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

Bill Text

What changed in the latest version

2 added · 3 removed

Plain-language change summary

The recent changes to Bill SJR 95 update its status to indicate that it has been officially approved. Additionally, some previous wording about the introduction of the bill has been removed. These adjustments are important because they signal that the bill is moving forward in the legislative process, making it closer to becoming law.

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SECOND REGULAR SESSION [PERFECTED] SENATE SUBSTITUTE FOR SENATE COMMITTEE SUBSTITUTE FOR SENATE JOINT RESOLUTION NO.
SECOND REGULAR SESSION [TRULYAGREED TOAND FINALLY PASSED] SENATE SUBSTITUTE FOR SENATE COMMITTEE SUBSTITUTE FOR SENATE JOINT RESOLUTION NO.
95 103RD GENERALASSEMBLY INTRODUCED BY SENATOR SCHNELTING.
95 103RD GENERALASSEMBLY 4511S.20T 2026 JOINT RESOLUTION Submitting to the qualified voters of Missouri, an amendment to article IV of the Constitution of Missouri, by adding thereto one new section relating to creation of a sovereign wealth fund for the state of Missouri.
4511S.20P KRISTINAMARTIN, Secretary JOINT RESOLUTION Submitting to the qualified voters of Missouri, an amendment to article IV of the Constitution of Missouri, by adding thereto one new section relating to creation of a sovereign wealth fund for the state of Missouri.
The fund SS SCS SJR 95 2 shall consist of moneys appropriated to it by the general assembly, and may also receive gifts, donations, grants, and bequests from any source.
The fund shall consist of moneys appropriated to it by the general SS SCS SJR 95 2 assembly, and may also receive gifts, donations, grants, and bequests from any source.
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Action History

  1. Reported Duly Enrolled Rules, Joint Rules, Resolutions & Ethics Committee

  2. Signed by Senate President Pro Tem

  3. Signed by House Speaker

  4. Delivered to Secretary of State

  5. H Third Read and Passed

  6. Truly Agreed To and Finally Passed

  7. Reported Do Pass H Fiscal Review

  8. Voted Do Pass H Fiscal Review

  9. Referred H Fiscal Review Committee

  10. Voted Do Pass H Rules - Legislative

  11. Reported Do Pass H Rules - Legislative

  12. Referred H Rules - Legislative

  13. Voted Do Pass H Special Committee on Tax Reform

  14. Reported Do Pass H Special Committee on Tax Reform

  15. Hearing Conducted H Special Committee on Tax Reform

  16. Referred H Special Committee on Tax Reform

  17. H Second Read

  18. Hearing Conducted S Fiscal Oversight Committee

  19. Voted Do Pass S Fiscal Oversight Committee

  20. Reported from S Fiscal Oversight Committee

  21. S Third Read and Passed

  22. H First Read

  23. Referred S Fiscal Oversight Committee

  24. SS for SCS S offered & adopted (Schnelting)--(4511S.20F)

  25. Perfected

  26. Reported Truly Perfected S Rules, Joint Rules, Resolutions and Ethics Committee

  27. Reported from S Economic and Workforce Development Committee w/SCS

  28. SCS Voted Do Pass S Economic and Workforce Development Committee (4511S.16C)

  29. Hearing Conducted S Economic and Workforce Development Committee

  30. Second Read and Referred S Economic and Workforce Development Committee

  31. S First Read

  32. Prefiled

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 198 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (198)

198 members have not signed on to this bill.

Show all 198 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SJR 95 do?
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
Who sponsors SJR 95?
SJR 95 is sponsored by Adam Schnelting.
What is the current status of SJR 95?
This bill has passed the Senate. Introduced December 01, 2025. It now moves to the second chamber.
Where can I track SJR 95?
Track SJR 95 free on One Click Politics — get push/email alerts when it moves.

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