Budget & Taxes (Revenue)

passed · Missouri · House Apr 30, 2026

HB 3329: Modifies provisions relating to tax credits

HB 3329 restructures how Missouri administers four economic development funds: the Industrial Development and Reserve Fund, Industrial Development Guarantee Fund, Export Finance Fund, and Jobs Now Fund. It specifies eligible funding sources (like state appropriations, bond proceeds, grants, and repayments), requires funds to be kept separate from state treasury money, and mandates that $12 million annually be allocated to the Jobs Now Fund from increased state revenue. The bill directly affects businesses applying for loans or grants through these funds and economic development agencies managing them. Key provisions include rules for fund investments, separate account creation, and the board’s authority to issue revenue bonds and manage disbursements under sections 100.250-100.297.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates $12M annual allocation to Jobs Now Fund from increased revenue, restructuring tax credit administration to fund economic development programs.90% confidence

Sub-Topics Revenue Tax Credits Tax Incentives Tags Economic Development

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in committee · Missouri · House May 15, 2026

HB 3271: Modifies provisions governing the assessment and taxation of property

HB 3271 modifies how Missouri counties and local governments adjust property tax rates after reassessments. It requires political subdivisions (like cities, school districts, and counties) to revise tax rates for specific property classes to maintain the same total tax revenue as the previous year, excluding new construction and certain property types. The bill sets limits on these adjustments, ensuring rates do not exceed the highest voter-approved rate for that property class or the rate adjusted for inflation (capped at 5% or the Consumer Price Index, whichever is lower). This primarily affects local governments managing property taxes, ensuring revenue stability while respecting voter-approved tax ceilings.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill prevents property tax rate hikes post-reassessment to maintain revenue, limiting increases that would burden taxpayers and promoting fiscal stability.92% confidence

Sub-Topics Property Tax Revenue

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in committee · Missouri · House May 15, 2026

HB 3386: Modifies provisions relating to the expenditure of moneys in certain funds by the Department of Natural Resources

HB 3386 creates the "Natural Resources Protection Fund" in the state treasury to hold pollution-related fees, including air and water permit fees, and new 5% of electric power sales tax revenue. It designates specific subaccounts for air pollution control (funded permanently by the tax transfer starting July 2027) and water pollution administration. The bill changes how unspent funds are handled: balances exceeding prior collections no longer revert to general revenue after 2027, and all interest accrues to the fund. These funds, subject to legislative appropriation, directly support the Department of Natural Resources' pollution control programs and enforcement under relevant statutes.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates dedicated fund from pollution fees and 5% power tax, preventing fund reversion to general revenue, ensuring sustained environmental funding.95% confidence ✓ EnvironmentSupports EnvironmentCreates dedicated Natural Resources Protection Fund with permanent pollution control funding (air/water) from new tax revenue, ensuring ongoing environmental protection.95% confidence

Sub-Topics Appropriations Revenue Sales Tax Air Quality Conservation Water Quality

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in committee · Missouri · House Mar 31, 2026

HJR 189: Proposes a constitutional amendment relating to the creation of a sovereign wealth fund for the state of Missouri

HJR 189 proposes creating Missouri's "Show-Me Prosperity Fund," a permanent endowment designed to eventually eliminate all state taxes. The fund would grow through investments, and only after the state treasurer confirms sufficient annual investment income covers current tax revenue could it fund tax eliminations. Strict rules prevent using the fund's principal, limit annual withdrawals to 2% of its 5-year average value, and require voter approval for tax changes. This would directly affect all Missouri residents by potentially replacing state income, sales, corporate, and other taxes once the fund meets specific growth targets.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly aims to eliminate state taxes through a sovereign wealth fund, promoting tax relief and fiscal responsibility via strict investment rules and voter-approved tax changes.95% confidence

Sub-Topics Business Taxes Revenue State Budget

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introduced · Missouri · House Nov 25, 2025

HB 9: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Corrections

HB 9 appropriates $6.48 million from the General Revenue Fund for the Missouri Department of Corrections' Office of the Director (including $18,060 for salary adjustments) and $8.26 million for reentry programs during fiscal year 2025-2026. Key provisions include $6.3 million for a new offender management system, $2.5 million for a recidivism-reduction pay-for-performance agreement with private programs, and $1.3 million for county re-entry navigators. The bill also allocates $7.12 million for Family Support Services and $3.29 million for Professional Standards, all subject to specific spending flexibilities. These funds directly support corrections operations, offender reentry services, and system improvements across Missouri's correctional facilities.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $14.74M total for corrections programs, including new systems and reentry services, directly funding state budget operations per fiscal allocation.95% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds recidivism-reduction programs ($2.5M pay-for-performance) and reentry services ($1.3M navigators), directly advancing criminal justice reform goals.90% confidence

Sub-Topics Revenue Corrections Probation & Parole

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in committee · Missouri · House Apr 29, 2026

HB 2694: Modifies provisions relating to the transfer of moneys in certain funds at the end of any biennium

HB 2694 modifies Missouri's rules for handling certain state funds at the end of each two-year legislative cycle (biennium). It prevents funds from being transferred to the general revenue fund, requiring them to stay dedicated to their intended purposes. Specifically, it ensures Highway Patrol Academy Fund money stays for academy operations only, and Crime Victims' Compensation Fund money must support victim services, forensic labs, and crime victim notification systems. The bill replaces outdated rules with these new restrictions to maintain funding stability for these specific programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesPrevents diversion of dedicated funds to general revenue, ensuring fiscal responsibility for Highway Patrol and Crime Victims funds per bill summary.85% confidence ✓ Criminal JusticeSupports Criminal JusticeEnsures dedicated funding for crime victims' services, forensic labs, and law enforcement training, preventing diversion to general fund per bill's specific fund allocation requirements.95% confidence

Sub-Topics Revenue Victims' Rights

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vetoed · Missouri · House Jun 30, 2026

HB 2008: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Public Safety and the Department of National Guard

HB 2008 is a fiscal year 2026-2027 appropriations bill that allocates approximately $39.36 million from state and federal funds to Missouri's Department of Public Safety (DPS). It directly funds specific DPS programs including law enforcement scholarships, drug task forces, school safety initiatives, a FIFA World Cup preparation grant, and violence prevention programs. The bill specifies funding sources like General Revenue, federal grants, and specialized funds (e.g., Crime Victims Compensation Fund) for each program's designated purpose. No new policy changes are created; this is a routine funding authorization for existing DPS operations and programs.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $39.36M to DPS programs including law enforcement, school safety, and violence prevention, directly funding public safety initiatives under state budget allocation.95% confidence

Sub-Topics Appropriations Revenue State Budget Tags Public Safety

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in committee · Missouri · Senate Feb 5, 2026

SB 1493: Authorizes counties to impose a sales tax for senior services

SB 1493 would allow counties in the state to levy a local sales tax specifically to fund senior services, such as meal programs, transportation, or adult day care. It directly affects counties (which could choose to implement the tax) and seniors (who would receive services funded by the tax). The key provision is creating a legal mechanism for counties to collect this dedicated sales tax, with revenue directed toward local senior care initiatives. The bill is currently pending before the Senate Economic and Workforce Development Committee and has not yet been enacted into law.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes local sales tax to fund senior services, directly increasing dedicated revenue for essential programs.95% confidence

Sub-Topics Revenue Sales Tax Tags Seniors

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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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introduced · Missouri · House Nov 25, 2025

HB 6: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Agriculture, the Department of Natural Resources, and the Department of Conservation

HB 6 is a funding bill that allocates $24.4 million for Missouri's Department of Agriculture, Department of Natural Resources, and Department of Conservation for the 2025-2026 fiscal year. It covers operational expenses, staff salaries, equipment, and maintenance projects for state buildings and facilities under these departments. The bill specifies exact funding amounts from multiple state funds (like General Revenue and Agriculture Protection Fund) to cover salaries, equipment, and one-time capital improvements. It does not create new policies but ensures these departments have budgeted resources for their existing programs and infrastructure needs.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $24.4M for operational funding of key state departments, directly advancing budgetary appropriations for essential services without tax changes or defunding.95% confidence ✓ EnvironmentSupports EnvironmentFunds Missouri's Natural Resources and Conservation departments for operational environmental protection, directly advancing their mission through budget allocation.95% confidence

Sub-Topics Revenue State Budget Conservation

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