Budget & Taxes (Property Tax)

in committee · Missouri · House May 15, 2026

HB 3125: Authorizes a real property tax exemption for taxpayers sixty-five years of age or older who own a homestead

HB 3125 would create a property tax exemption for Missouri homeowners aged 65 or older who own and live in their primary residence (homestead). Starting in 2027, eligible owners would not pay real property taxes on their homestead, but they would lose eligibility for other property tax credits or relief programs. The state would reimburse local governments for lost tax revenue due to this exemption. This exemption cannot be transferred or combined with other tax relief for the same property.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for seniors (65+), reducing their tax burden while state reimburses local governments, aligning with tax relief for vulnerable groups.90% confidence

Sub-Topics Property Tax Revenue Tax Incentives

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in committee · Missouri · House May 15, 2026

HB 2756: Modifies real property assessment percentages

HB 2756 would revise Missouri's property tax assessment rates by lowering the percentage used to calculate taxes for certain real property classes. Specifically, it reduces the assessment rate for subclass (1) property from 19% to 10%, maintains subclass (2) at 8%, and lowers subclass (3) from 32% to 20%. These changes directly affect property owners and businesses paying real property taxes under these classifications. The bill also includes a specific provision for airport-related property assessments but primarily focuses on adjusting these core tax rates.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers property tax assessment rates for specific classes, reducing tax burden on property owners - direct tax relief aligning with support indicators.90% confidence

Sub-Topics Business Taxes Property Tax

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in committee · Missouri · House Mar 25, 2026

HB 3078: Provides local property tax credits for certain disabled veterans

HB 3078 would allow Missouri counties to provide a property tax credit for disabled veterans with a 100% VA disability rating. It applies to primary residences valued at $500,000 or less, covering all local property taxes (except state blind pension fund levies). Counties must opt in via vote, and the credit passes to surviving spouses who remain in the home and don’t remarry. The credit is non-refundable, does not replace other tax relief, and is not an exemption from property taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax credit for disabled veterans (lower income group), reducing their tax burden under local taxation policy.90% confidence ✓ VeteransSupports VeteransProvides property tax credit for disabled veterans (100% VA rating), expanding financial benefits through county-level tax relief for primary residences.95% confidence

Sub-Topics Pensions Property Tax Tax Credits Veteran Benefits Veteran Healthcare Veteran Housing Tags People with Disabilities

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in committee · Missouri · House May 15, 2026

HJR 179: Proposes a constitutional amendment exempting individuals who are 65 years of age or older from personal property taxation

HJR 179 proposes a constitutional amendment that would exempt Missouri residents aged 65 or older from paying state and local taxes on their tangible personal property, such as vehicles, furniture, and other movable belongings. The amendment would also include existing exemptions for homesteads, manufacturers' inventories, and non-profit properties, but the primary focus is on seniors. If approved by voters in the November 2026 election or a special election, this exemption would take effect immediately for qualifying individuals. As a constitutional amendment, it requires voter approval to become law and does not change current tax rates for other property types.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts seniors 65+ from personal property taxes, providing targeted tax relief aligned with support indicators for tax relief measures.95% confidence

Sub-Topics Property Tax Sales Tax Tags Seniors

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in committee · Missouri · House Apr 29, 2026

HB 2668: Modifies provisions governing property taxes

HB 2668 replaces 43 existing Missouri property tax statutes with new provisions primarily governing how cities and counties can establish neighborhood improvement districts. These districts allow local governments to finance public improvements (like parks or roads) through voter-approved bonds and property assessments, requiring at least 50%+1 voter approval for creation. The bill sets limits: total project costs assessed on property cannot exceed initial estimates by more than 25%, and annual maintenance assessments must stay within 25% of projected costs. This directly affects property owners in districts where such improvements are approved and local governments creating these districts.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enables local governments to finance public improvements via voter-approved property assessments, supporting targeted budget allocations for infrastructure projects within fiscal constraints.85% confidence ✓ TransportationSupports TransportationBill enables funding for road improvements via neighborhood districts, explicitly listing roads as a permitted public improvement under the property tax provisions.90% confidence

Sub-Topics Property Tax

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in committee · Missouri · House May 15, 2026

HJR 152: Proposes a constitutional amendment relating to real property tax assessments

HJR 152 proposes a constitutional amendment to cap annual property tax increases for Missouri homeowners who live in their primary residence. It would limit annual valuation increases to 5% unless the property has undergone new construction/improvements or was recently sold (with the full market value applied at first sale). This applies specifically to residential properties classified as "class 1" under Missouri's tax system. The change would take effect January 1, 2027, and requires voter approval in the 2026 election.

Topics ✓ Budget & TaxesSupports Budget & TaxesCaps annual property tax increases for primary residences, providing tax relief to homeowners by limiting valuation hikes to 5% annually.95% confidence ✓ HousingSupports HousingBill caps property tax increases for primary residence homeowners, directly supporting property rights (a housing topic aspect) by preventing sudden tax hikes that could threaten homeownership stability.80% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Missouri · Senate Feb 5, 2026

SB 1522: Modifies provisions relating to property taxes

SB 1522 revises Missouri's property tax assessment rules, directly affecting homeowners, businesses, farmers, and airport operators. Key changes include setting a 5% tax rate for solar equipment installed before August 2022, reducing the tax rate for agricultural crops to 0.5%, and allowing airport property owners to deduct their construction costs from taxable value. The bill also establishes a new two-year assessment maintenance plan process requiring county approval and clarifies how computer-assisted valuations must be justified in disputes. These provisions aim to modernize tax calculations while maintaining specific exemptions for certain property types.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces agricultural tax rate to 0.5%, sets 5% solar equipment rate, and allows airport construction cost deductions - providing targeted tax relief aligning with support indicators.95% confidence ✓ EnergySupports EnergyProvides 5% property tax rate for solar equipment (installed pre-Aug 2022), directly incentivizing renewable energy adoption through tax relief.95% confidence

Sub-Topics Property Tax Solar

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in committee · Missouri · House May 15, 2026

HB 2800: Creates grant programs to assist senior citizens in the property tax appeal process

HB 2800 creates a state grant program to fund senior-serving nonprofit organizations that help seniors challenge property tax bills. Nonprofits must apply with details about their services, staff, outreach plans, and geographic reach, and grants will be awarded based on their ability to assist seniors, capacity to serve, and community need. The program directly supports seniors facing complex property tax appeals and provides resources to nonprofits already working with older adults. It does not change property tax laws but offers financial support to help seniors navigate the appeals process.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates state grants for nonprofits assisting seniors with property tax appeals, providing fiscal support through targeted funding to reduce tax burden for vulnerable populations.95% confidence

Sub-Topics Property Tax Tags Seniors

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in committee · Missouri · House May 15, 2026

HJR 151: Proposes a constitutional amendment allowing a personal property tax exemption

HJR 151 proposes a constitutional amendment to create new personal property tax exemptions in Missouri. It would exempt manufacturers' and retailers' inventories (like raw materials and goods for sale), household items in homes, and property used by veterans with service-connected disabilities or religious/charitable organizations. To offset lost tax revenue, counties would implement a replacement tax on other property (specifically subclass 3 of class 1 property) at a rate calculated to cover the shortfall. The amendment requires voter approval after legislative passage and would take effect in counties following their first general reassessment. This change would directly affect manufacturers, retailers, and homeowners with qualifying property, while shifting tax burden to other property owners in affected counties.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts household items (tax relief for lower-income households) and veterans' property, aligning with tax relief indicators for middle/lower income groups.92% confidence ✓ VeteransSupports VeteransExempts veterans with service-connected disabilities from personal property tax, directly expanding their financial benefits per bill summary.95% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives

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in committee · Missouri · Senate Feb 24, 2026

SB 1535: Establishes the "Missouri Disabled Veteran Homestead Tax Credit Act"

SB 1535 establishes a property tax credit for Missouri disabled veterans who own and occupy their primary residence. The bill directly affects qualifying disabled veterans by reducing their annual property tax liability. Key provisions create a specific tax credit amount (to be determined by the bill's final text) that lowers the total property tax owed on a veteran's homestead. This policy change provides direct financial relief for disabled veterans through the state property tax system.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax credit reducing liability for disabled veterans, aligning with tax relief for lower-income groups per topic indicators.95% confidence ✓ VeteransSupports VeteransCreates tax credit reducing property taxes for disabled veterans, directly expanding financial benefits through state tax system.95% confidence

Sub-Topics Pensions Property Tax Revenue Veteran Benefits Veteran Healthcare Veteran Housing

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