The state tax on real and tangible personal property, exclusive of the tax necessary to pay any bonded debt of the state, shall not exceed ten cents on the hundred dollars assessed valuation.
Mo. Const. art. X, § 8 — under Taxation.
Mo. Const. art. X, § 8
Limitation on state tax rate on tangible property
The state tax on real and tangible personal property, exclusive of the tax necessary to pay any bonded debt of the state, shall not exceed ten cents on the hundred dollars assessed valuation.