Proposes a constitutional amendment to prohibit any new tax or increase in tax from going into effect unless approved by the voters in a general election

This bill proposes a constitutional amendment to require voter approval at a general election before any new state tax or tax increase can take effect. It directly affects Missouri residents by giving them a direct say in tax policy, while specifically excluding changes that only alter tax credits, deductions, or exemptions from this requirement. The amendment also reinforces the rule that state funds must be appropriated by the General Assembly before being spent. If passed, this change would shift the power to approve tax hikes from the legislature to the voters.