Budget & Taxes (Property Tax)

in committee · Missouri · House May 15, 2026

HJR 162: Requires a twenty percent voter turnout for certain property tax elections

HJR 162 would require at least 20% of eligible voters to cast ballots in elections for new property tax bonds or renewals of existing property tax levies. For such measures to pass, they must also receive majority support from voters who participate. This directly affects local governments and school districts seeking to fund services like roads or schools through property tax levies. The bill sets these dual thresholds to ensure broader community engagement before tax-related measures can be approved.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRequires 20% turnout + majority for property tax levies, restricting local tax measure passage and increasing barriers to funding via property taxes.90% confidence

Sub-Topics Business Taxes Debt & Bonds Property Tax

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in committee · Missouri · House May 15, 2026

HB 2650: Reduces the assessment percentage of tangible personal property over a period of years

HB 2650 gradually eliminates property taxes on tangible personal property (like business equipment and furniture) in cities or counties that vote to do so. If approved by voters, the tax rate on this property decreases each year for five years: starting at 26.6% in year one, dropping to 19.9%, then 13.2%, 6.5%, and finally 0% from year five onward. Cities or counties may also choose to replace lost revenue with a local sales tax, but only if voters approve both the elimination and the sales tax. This directly affects local governments and businesses that own taxable tangible personal property within participating jurisdictions.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces business property tax rates over five years, providing tax relief for businesses and local governments seeking to offset revenue loss via voter-approved sales tax.95% confidence

Sub-Topics Business Taxes Property Tax Sales Tax

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in committee · Missouri · Senate Feb 5, 2026

SJR 113: Modifies provisions relating to property tax assessments

This constitutional amendment (SJR 113) changes how Missouri property taxes are calculated, primarily affecting homeowners and landowners. It limits annual increases for residential property (including rental homes) to the lesser of the consumer price index (inflation rate) or a 2% cap, preventing sudden tax jumps. The bill also reorganizes property classes: Class 1 (homes, farms, businesses) must use uniform tax percentages, while Class 3 (like commercial properties) is taxed based on annual yield with a maximum 8% limit. Exceptions allow higher increases for new construction or major improvements.

Topics ✓ Budget & TaxesSupports Budget & TaxesLimits residential property tax increases to 2% or CPI, preventing sudden jumps for homeowners - direct tax relief aligning with support indicators.95% confidence ✓ HousingSupports HousingCaps residential property tax increases at 2% or inflation, preventing sudden rent hikes for tenants and stabilizing housing costs for homeowners and landlords.85% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Missouri · House Feb 18, 2026

HB 2671: Modifies provisions governing the assessment and taxation of property

HB 2671 modifies how Missouri counties, school districts, and other local governments adjust property tax rates when property values change. It requires these entities to revise tax rates for each property subclass (like residential or commercial) to maintain the same total tax revenue from that class as the previous year, excluding new construction and improvements. The bill sets strict limits: tax rates cannot exceed the highest rate after 1980 unless voters approve a higher rate, and adjustments for inflation are capped at the Consumer Price Index or 5%, whichever is lower. This directly affects local governments responsible for property tax collection, ensuring revenue stability while preventing uncontrolled rate increases.

Topics ✓ Budget & TaxesSupports Budget & TaxesPrevents excessive property tax rate increases without voter approval, promoting fiscal stability and accountability in local tax revenue management per bill's strict limits.90% confidence

Sub-Topics Property Tax Revenue

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in committee · Missouri · Senate Feb 5, 2026

SJR 112: Modifies provisions relating to the Blind Pension Fund

SJR 112 is a constitutional amendment proposal that changes how Missouri funds the Blind Pension Fund. It requires the state legislature to appropriate annually at least the same amount as the 2026-27 fiscal year for blind pensions, instead of the current tax-based funding. Any leftover funds after pension payments must first support the Commission for the Blind, with any remaining balance transferred to public school funds. This amendment directly affects the Blind Pension Fund, the Commission for the Blind, and public school funding, establishing a new minimum annual appropriation requirement.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates annual appropriations for Blind Pension Fund at fixed level, directs leftover funds to Commission for the Blind and public schools, protecting essential program funding and public service allocation.90% confidence ✓ EducationSupports EducationTransfers leftover Blind Pension Fund balances to public school funds, directly increasing education funding per bill's summary.85% confidence

Sub-Topics Appropriations Pensions Property Tax School Funding

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passed · Missouri · House May 7, 2026

HB 2711: Modifies provisions relating to the assessment of certain broadband communications equipment

HB 2711 adds "machinery and equipment used to provide broadband communications service" as a new taxable subclass (subclass 8) under Missouri's tangible personal property tax rules. This specifically includes physical infrastructure like fiber cables, antennas, routers, switches, and related equipment owned by broadband providers. The bill modifies how these assets are assessed for property tax purposes, placing them in a separate category from other equipment. It directly affects broadband service providers who own this infrastructure, requiring them to pay taxes on it under the new classification. The change clarifies that such equipment is taxable as tangible personal property, distinct from other categories like solar panels or farm machinery.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds broadband infrastructure to taxable property subclass, increasing state tax revenue from telecom providers under property tax rules.95% confidence

Sub-Topics Property Tax

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in committee · Missouri · House May 15, 2026

HJR 105: Proposes a constitutional amendment exempting from taxation certain real and personal property owned by former prisoners of war, veterans with a total service-connected disability, and Purple Heart recipients

HJR 105 proposes a constitutional amendment to exempt certain veterans' property from Missouri property taxes. It would add former prisoners of war, veterans with total service-connected disabilities, and Purple Heart recipients to the existing list of individuals eligible for a property tax exemption. The amendment repeals the current Section 6 of Article X in the Missouri Constitution and replaces it with new language explicitly including these veteran groups. This change would require voter approval in 2026 to take effect, directly benefiting qualifying veterans and their families by reducing their property tax burden.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for veterans, reducing tax burden and aligning with tax relief support indicators for targeted groups.95% confidence ✓ VeteransSupports VeteransExpands property tax exemption to include POWs, disabled vets, and Purple Heart recipients, directly advancing veterans' financial benefits under state tax policy.95% confidence

Sub-Topics Property Tax Tax Incentives Veteran Healthcare

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in committee · Missouri · House Jan 8, 2026

HJR 147: Proposes a constitutional amendment establishing funding for pensions for the blind

HJR 147 proposes a constitutional amendment to establish a dedicated funding source for pensions for eligible blind residents in Missouri. It would require a property tax levy of 0.5 to 3 cents per $100 of taxable property valuation, with annual funds matching the 2026-27 fiscal year appropriation for the blind pension fund. Any unused funds after pension payments would first support the Commission for the Blind and any remaining balance would transfer to the public school fund. This amendment, if approved by voters, would permanently guarantee this funding mechanism within Missouri's Constitution.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes property tax levy (0.5-3 cents/$100) to fund blind pensions, creating dedicated revenue for public service with unused funds flowing to education, advancing fiscal support for essential programs.95% confidence

Sub-Topics Appropriations Pensions Property Tax

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in committee · Missouri · House May 15, 2026

HJR 141: Modifies provisions relating property assessment equalization power of the state tax commission

HJR 141 proposes a constitutional amendment that would change how Missouri's state tax commission handles property tax appeals. If approved by voters in 2026, it would limit the commission's authority starting January 1, 2027: the commission could no longer increase property valuations in appeals, only uphold current values or lower them. The amendment also requires the commission to provide each county with detailed reports listing properties that are either undervalued or overvalued compared to their actual market value. This change would directly affect property owners, local governments, and the commission by altering the appeal process for property tax assessments.

Topics ✓ Budget & TaxesSupports Budget & TaxesPrevents property tax increases by limiting commission's ability to raise valuations in appeals, providing tax relief through restrained property tax assessments.95% confidence

Sub-Topics Property Tax

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in committee · Missouri · House May 15, 2026

HJR 144: Proposes a constitutional amendment granting homestead and personal property tax exemptions to certain veterans proportional to the veteran's disability rating

HJR 144 proposes a constitutional amendment granting Missouri veterans with service-connected disabilities a proportional property tax exemption. It directly affects veterans who received a disability rating from the U.S. Department of Veterans Affairs, exempting their real property (like homes) and personal property from taxes based on their specific disability percentage. For example, a veteran with a 50% disability rating would receive a 50% reduction in property taxes, while those rated 100% would be fully exempt. This amendment requires voter approval in a special election and would take effect for tax years beginning January 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemptions for veterans proportional to disability rating, reducing tax burden for lower-income veterans - direct tax relief under taxation policy95% confidence ✓ VeteransSupports VeteransProvides proportional property tax exemptions to veterans based on VA disability rating, directly enhancing financial benefits for veterans with service-connected disabilities.95% confidence

Sub-Topics Property Tax Tax Incentives

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