Authorizes a property tax exemption for disabled veterans

SJR 88 is a proposed constitutional amendment in Missouri that would create a property tax exemption for disabled veterans and their surviving spouses. It defines a "disabled veteran" as a Missouri resident with honorable military service and 100% VA disability compensation from service-connected injuries, and exempts their primary residence (homestead) from property taxes. Surviving spouses retain the exemption only if they continue living in the same home; the exemption ends if they sell the property or move. To offset lost local tax revenue, the bill requires counties to impose a replacement tax on certain commercial property (subclass 3 of class 1), with adjustments based on property values and voter approval for rate changes. This is a pending constitutional amendment (prefiled Dec 2025, first read Jan 2026), not yet law.