Proposes a constitutional amendment relating to property tax exemptions for certain seniors

HJR 75 proposes a constitutional amendment to exempt Missouri seniors aged 65+ from property taxes if they meet two income and asset thresholds: (1) total household income at or below 156% of the federal poverty guideline for their family size, and (2) total personal property assets valued under $250,000. It directly affects older Missouri residents who qualify under these specific financial criteria. The amendment would add Section 27 to Missouri’s Constitution, defining key terms like "total annual household income" (including all income sources) and "personal property assets" (such as investments and vehicles). If approved by voters in 2026, it would change property tax obligations for qualifying seniors under state law.