HJR 115 proposes a constitutional amendment to create a property tax exemption for Missouri disabled veterans and their surviving spouses. It defines a "disabled veteran" as a Missouri resident honorably separated from military service with a 100% VA-certified service-connected disability, and a "homestead" as their primary residence (not exceeding 2.5 acres). The exemption would apply to real property used as a primary home, excluding portions rented for more than six months annually. This amendment requires voter approval in the 2026 general election and would replace the current property tax exemption provisions in Missouri's constitution.
HB 2098 modifies Missouri's property tax classification system by clarifying definitions for residential, agricultural, and commercial properties. It specifically defines "residential property" to include manufactured home parks, bed-and-breakfasts with owner residence, and time-shares (excluding transient housing), while expanding "agricultural property" to cover urban community gardens, sawmills, and green space. The bill requires county assessors to allocate tax classifications based on actual property use when multiple purposes exist (e.g., farm dwellings on agricultural land), and allows taxing districts to adjust levies to recoup revenue lost if multi-unit residential properties (5+ dwelling units) change classification. This directly affects property owners, local governments, and tax assessors by changing how properties are valued and taxed under Missouri law.
This bill proposes a constitutional amendment to provide a property tax exemption for disabled veterans in Missouri. It would exempt the homestead property (primary residence) of disabled veterans certified by the VA for 100% service-connected disability, as well as their surviving spouses who continue living in that home. The exemption covers real property used as a homestead but does not apply if the surviving spouse sells the home or stops using it as their primary residence. To offset lost tax revenue, counties would impose a replacement tax on certain business inventory property within the county.
SB 994 modifies Missouri's income tax return filing rules. It sets the deadline for filing state income tax returns to match the federal deadline under 26 U.S.C. 6072 (typically April 15), requiring payment by that date without additional notices. It also adds a provision preventing penalties or interest for taxpayers denied tax credits due to funding shortages, provided they pay within 60 days of the denial notice. This bill directly affects Missouri taxpayers and the Department of Revenue, changing filing deadlines and credit dispute procedures.
HB 2234 requires Missouri counties to report and transfer unclaimed surplus funds from real property tax sales to the State Treasurer's Unclaimed Property division after three years. It directly affects counties (which handle the funds) and former property owners or lienholders who might reclaim unclaimed money. The bill mandates that counties hold surplus funds for three years (or 90 days after the redemption period ends), prioritize distribution to lienholders and owners, and notify former owners before transferring unclaimed funds to the state. Counties must provide written claim procedures and file claims with the county commission within 90 days of the redemption period's end.
HB 2276 creates a property tax exemption for Missouri veterans with service-connected disabilities, directly affecting qualifying veterans and their surviving spouses. It provides annual tax relief based on disability rating: $2,500 for 50-70% disability, $5,000 for 70-100%, and full tax exemption for 100% disability, all applied to the primary residence (valued under $250,000). Surviving spouses of veterans who died in service or with service-connected death may also qualify if they meet VA certification and residency requirements. The exemption begins January 1, 2027, and requires annual reapplication unless the veteran has a 100% disability rating.
HB 2588 creates the "Missouri Disabled Veterans Homestead Tax Credit Act," allowing Missouri counties to offer a real property tax credit to eligible disabled veterans who own their primary residence. It directly affects veterans with a 100% permanent and total service-connected disability rating from the U.S. Department of Veterans Affairs, whose primary home has a market value of $500,000 or less. The credit equals all local property taxes paid (excluding state blind pension fund levies) on the qualified residence, is non-refundable, and carries over to a surviving spouse who remains in the home and doesn't remarry. Counties must adopt the program, and veterans must elect to participate; it does not reduce assessed property value or affect bonded indebtedness calculations.
HB 1777 modifies how property tax increases in redevelopment zones are allocated under tax increment financing (TIF) in Missouri. It directly affects municipalities using TIF to fund redevelopment projects, specifying that property tax increases above baseline values (the "increment") must be redirected to pay redevelopment costs. Key changes include requiring consent from taxing districts before redirecting revenue from voter-approved tax rate hikes, and clarifying that certain tax increases (like those from new levy rates) won’t automatically fund TIF without agreement. The bill also ensures that property valuation increases used for TIF won’t affect state school funding calculations until redevelopment costs are fully paid.
HB 2535 provides property tax exemptions for certain veterans and their families starting in 2027. Disabled veterans with a 30%+ disability rating, Purple Heart recipients, and Gold Star spouses (surviving spouses of service members killed in action) receive tax relief based on disability levels, ranging from $3,000 to full exemption on their primary home. To offset lost property tax revenue, the bill increases cigarette taxes and adds new excise taxes on vaping products, tobacco paraphernalia, and hemp consumables. Revenue from these taxes funds a dedicated state fund to reimburse counties for property tax losses tied to the veteran exemptions.
HB 2306 creates a property tax exemption for Missouri veterans with service-connected disabilities rated at 30% or higher by the U.S. Department of Veterans Affairs. It reduces the taxable value of their primary residence by up to $500,000 based on disability rating (e.g., $10,000 for 30-50% rating, $500,000 for 100% rating). Surviving spouses retain the exemption if they live in the home and don’t remarry, and applications require annual VA documentation by April 1, starting tax year 2027. The exemption applies only to owner-occupied homes (not commercial properties) and does not affect how local tax rates are set.
