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Missouri State Investment Fund Amendment (2026)

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Missouri State Investment Fund Amendment

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Election date

November 3, 2026

Topic
Restricted-use funds
Status

Proposed

Type
Legislatively referred constitutional amendment
Origin

State legislature



The Missouri State Investment Fund Amendment may be on the ballot in Missouri as a legislatively referred constitutional amendment on November 3, 2026.

The amendment would create an investment fund managed by the state to generate revenue, and use the earnings to eliminate state-imposed taxes when sufficient to replace them.[1]

Text of measure

Full text

The full text of the measure can be read here.

Path to the ballot

A simple majority vote is required during one legislative session for the Missouri General Assembly to place a constitutional amendment on the ballot. That amounts to a minimum of 82 votes in the Missouri House of Representatives and 18 votes in the Missouri State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

Senate Joint Resolution 95

The following is a timeline of the amendment:[1]

  • December 1, 2025: The measure, Senate Joint Resolution 95, was introduced by Sen. Adam Schnelting (R) in the House.
  • March 23, 2026: The Senate approved the measure in a vote of 22-7, with four members not voting. All 22 Republicans voted yes; seven Democrats voted no; two Democrats and two Republicans did not vote.


Missouri State Senate
Voted on March 23, 2026
Votes Required to Pass: 0
YesNoNV
Total2274
Total %66.7%21.2%12.1%
Democratic (D)072
Republican (R)2202

External links

See also

2026 ballot measures

View other measures certified for the 2026 ballot across the U.S. and in Missouri.

Missouri ballot measures

Explore Missouri's ballot measure history, including constitutional amendments.

Legislative process

Understand how measures are placed on the ballot and the rules that apply.

Footnotes