Budget & Taxes (Property Tax)

in committee · Missouri · House Apr 29, 2026

HB 2234: Requires counties to report and transfer unclaimed surplus proceeds from real property tax sales to the unclaimed property division of the state treasurer after 3 years

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates transfer of unclaimed property tax surplus funds to state Unclaimed Property division, promoting fiscal accountability and proper management of public funds per tax revenue procedures.85% confidence

Sub-Topics Property Tax

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in committee · Missouri · House Apr 1, 2026

HB 2276: Authorizes the "Missouri Disabled Veterans Homestead Exemption" relating to a property tax exemption for certain veterans

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief for disabled veterans (50-100% disability), reducing state tax revenue for qualifying individuals, aligning with tax relief support indicator.92% confidence ✓ HousingSupports HousingProvides property tax relief for veterans' primary residences under $250k, directly reducing housing costs for qualifying veterans and supporting housing affordability.85% confidence ✓ VeteransSupports VeteransProvides tax relief for disabled veterans with service-connected disabilities, directly expanding benefits through property tax exemptions for qualifying veterans and surviving spouses.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Veteran Benefits Veteran Healthcare Veteran Housing

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in committee · Missouri · House Mar 25, 2026

HB 2588: Establishes the "Missouri Disabled Veterans Homestead Tax Credit Act", authorizing counties to adopt a real property tax credit for certain disabled veterans who own a homestead

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax credit reducing burden for disabled veterans, aligning with tax relief for lower-income groups per topic indicators.92% confidence ✓ VeteransSupports VeteransCreates tax credit for disabled veterans' homesteads, reducing property tax burden for veterans with 100% VA disability rating95% confidence

Sub-Topics Pensions Property Tax Tax Credits Veteran Healthcare Veteran Housing

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in committee · Missouri · House May 15, 2026

HB 1777: Modifies categories of recipients that participate in tax increment financing

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill redirects tax increment revenue to redevelopment costs with consent requirements, promoting fiscal responsibility in tax allocation for budget management.95% confidence

Sub-Topics Property Tax Tax Incentives Tags Economic Development

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in committee · Missouri · House Apr 8, 2026

HB 2535: Authorizes a homestead tax exemption for certain veterans, and to offset lost property tax revenue, increases the cigarette tax and subjects alternative nicotine products, vapor products, tobacco paraphernalia, and hemp-derived consumable products to an excise tax

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesOffsets lost property tax revenue via new excise taxes on tobacco/vaping products, maintaining fiscal balance per bill's explicit language.90% confidence ✓ VeteransSupports VeteransProvides property tax exemptions for disabled veterans (30%+ disability), Purple Heart recipients, and Gold Star spouses, directly advancing veteran benefits through financial relief.95% confidence

Sub-Topics Property Tax Revenue Sales Tax

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in committee · Missouri · House Apr 1, 2026

HB 2306: Authorizes the "Missouri Disabled Veterans' Homestead Exemption" relating to a disabled veteran residential real property assessed value exemption

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax exemption for disabled veterans, reducing taxable value of primary residences and providing targeted tax relief under taxation policy.95% confidence ✓ VeteransSupports VeteransCreates property tax exemption for disabled veterans, reducing taxable value up to $500k based on VA disability rating, directly expanding financial benefits.95% confidence

Sub-Topics Property Tax Tax Incentives Veteran Benefits Veteran Healthcare Veteran Housing

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in committee · Missouri · House May 15, 2026

HJR 145: Proposes a constitutional amendment granting property tax exemptions to certain disabled veterans

HJR 145 proposes a constitutional amendment to exempt certain disabled veterans' property from Missouri state taxes. It would grant tax exemptions for homestead property and personal belongings (like household goods and vehicles) owned by Missouri residents who are certified as having a 100% service-connected disability by the U.S. Department of Veterans Affairs. The amendment would require the state to replace lost tax revenue through a countywide tax on specific commercial property, ensuring local governments retain funding. This change would apply to veterans meeting strict criteria, including honorable military service and Missouri residency. The bill is currently in early legislative stages (prefiled and read first time).

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides targeted tax relief for disabled veterans via property exemption, with revenue replacement via commercial property tax to maintain fiscal balance.92% confidence ✓ VeteransSupports VeteransGrants property tax exemptions for disabled veterans' homesteads and belongings, directly expanding financial benefits for veterans with service-connected disabilities.95% confidence

Sub-Topics Property Tax Revenue Veteran Healthcare

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in committee · Missouri · House May 15, 2026

HJR 126: Proposes a constitutional amendment that reduces property tax assessments on senior citizens and disabled persons by fifty percent

HJR 126 proposes a constitutional amendment that would reduce property tax assessments for qualifying seniors and disabled homeowners by 50%. It applies to residential property owned by individuals aged 65+ or permanently disabled under federal/state law, with income under $50,000 (single) or $75,000 (married filing jointly) in the prior tax year. Starting January 1, 2027, such properties would be assessed at 50% of their standard value instead of full value. This amendment requires voter approval in the 2026 election to take effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides 50% property tax reduction for seniors/disabled with income under $50k/$75k, aligning with tax relief for lower-income groups per topic indicators.95% confidence ✓ HousingSupports HousingReduces property taxes for seniors/disabled homeowners, increasing affordability and stability for vulnerable housing groups within income limits.85% confidence

Sub-Topics Property Tax Sales Tax Property Taxes Tags Seniors

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in committee · Missouri · Senate Feb 10, 2026

SB 1111: Increases the homestead exemption

SB 1111 would increase the homestead exemption, which protects primary residences from property tax increases. The bill's official abstract does not specify the exact amount of the increase, the income thresholds, or which homeowners would be directly affected. As the bill is only in early stages (prefiled and awaiting committee review), no concrete mechanisms or key provisions are described in the available information. Without additional details from the full text or committee documents, a specific summary of policy changes cannot be provided.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases homestead exemption, providing property tax relief for primary residences, a direct tax reduction measure aligning with tax relief indicators.95% confidence ✓ HousingSupports HousingIncreases homestead exemption, reducing property tax burden for primary homeowners, supporting housing affordability80% confidence

Sub-Topics Property Tax Sales Tax Property Taxes

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in committee · Missouri · House Jan 8, 2026

HB 2625: Modifies provisions governing state aid to school districts with an operating levy for school purposes of at least one dollar and fifty cents

HB 2625 requires Missouri school districts to levy a minimum local property tax ("operating levy") of at least $1.25 per $100 of assessed property value to receive full state education funding. Districts failing to meet this threshold will receive state aid capped at their 2005-06 funding level per student, unless they qualify for exceptions (e.g., districts near nuclear plants or large power facilities). The bill links state aid eligibility directly to this local tax requirement, with rates increasing to $1.50 after 2026. It applies to all public school districts in Missouri, excluding specific utility-adjacent districts that may use a higher $2.75 levy limit. The law aims to ensure districts contribute locally before receiving full state funding.

Topics ✓ Budget & TaxesSupports Budget & TaxesConditions state education funding on local tax levy, promoting fiscal responsibility through mandatory local contribution to secure full state aid.95% confidence ✗ EducationOpposes EducationRequires $1.25 local levy for full state aid, capping non-compliant districts' funding at 2005-06 levels, restricting access to full education funding.85% confidence

Sub-Topics Property Tax School Funding

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