Budget & Taxes (Pensions)

in committee · Missouri · House Mar 12, 2026

HB 3354: Modifies the tax levy for blind pensions

HB 3354 modifies Missouri's tax rate that funds pensions for blind residents. It sets a new tax rate of 0.0005% (five ten-thousandths of one cent) on each $100 of taxable property value, collected alongside other state taxes and deposited into the blind pension fund. The bill specifies that pension payments must be made first from this fund, with any remaining balance after payments going to support the Commission for the Blind, and any leftover funds at the end of the biennium transferred to the public school fund. This change directly affects blind Missourians receiving pensions and the Commission for the Blind, altering how the state finances these benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes dedicated 0.0005% tax levy to fund blind pensions, ensuring consistent appropriations for public assistance program as required by bill language.95% confidence

Sub-Topics Pensions

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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 · 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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in committee · Missouri · House Mar 25, 2026

HB 2672: Establishes the "Missouri Disabled Veterans Personal Property Tax Credit Act", authorizing counties to adopt a personal property tax credit for certain disabled veterans who own up to two motor vehicles

HB 2672 creates the "Missouri Disabled Veterans Personal Property Tax Credit Act," allowing counties to offer a tax credit on personal property taxes for qualifying disabled veterans who own up to two vehicles. The credit equals the veteran's U.S. Department of Veterans Affairs disability rating (up to 100%), directly benefiting Missouri veterans with a 70% or higher service-connected disability rating who reside in adopting counties. Counties must voluntarily adopt the credit via local ordinance, and the credit reduces the veteran's tax bill without changing the vehicle's assessed value or tax rate. Veterans must provide annual proof of disability rating and vehicle ownership, and the credit does not apply to taxes for the blind pension fund. Counties decide whether to implement the credit, with no requirement for statewide adoption.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for disabled veterans, reducing their property tax burden, aligning with tax relief for lower-income veterans per bill's intent to offset disability-related costs.95% confidence ✓ VeteransSupports VeteransBill creates tax credit for disabled veterans (70%+ VA rating) via county adoption, directly reducing property tax burden for qualifying veterans.95% confidence

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

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in committee · Missouri · House Mar 5, 2026

HB 3066: Modifies provisions relating to the St. Louis board of police commissioners

HB 3066 modifies St. Louis police compensation and funding rules. It requires the city council to appropriate at least 22-25% of general revenue for police funding (increasing annually), excludes pension costs from this calculation. The bill mandates overtime pay at 1.5x regular rate for patrolmen and sergeants working over 40 hours, allows a $360 annual allowance for non-uniformed officers, and establishes academic/leadership bonuses up to 10% of salary. These provisions directly affect St. Louis police officers (from probationary to sergeant rank) and the Board of Police Commissioners.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates 22-25% of general revenue for police funding with annual increases, directly allocating budget resources to strengthen police services and compensation.95% confidence ✓ Criminal JusticeSupports Criminal JusticeBill mandates increased police funding (22-25% revenue) and improved compensation (overtime, bonuses), directly strengthening law enforcement resources within criminal justice framework.95% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill mandates overtime pay, bonuses, and increased funding for police officers, directly expanding compensation and benefits for a specific labor group, aligning with supportive labor policies.95% confidence

Sub-Topics Pensions Revenue Policing Labor Standards

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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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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 Mar 5, 2026

HB 2059: Modifies provisions relating to income tax deductions for private pensions

HB 2059 modifies Missouri's income tax rules for private pension income by repealing an existing section and replacing it with new provisions. It directly affects Missouri taxpayers receiving retirement benefits from privately funded sources (like 401(k)s or IRAs, excluding Roth IRAs), setting specific deduction limits based on tax years: up to $6,000 annually for benefits received before 2027, increasing to $12,000 for tax years starting in 2027 or later. The bill also clarifies that these deductions apply only to retirement income from private sources, not public pensions, and excludes Roth IRAs from the deduction calculation. These changes adjust how much pension income is taxable for Missouri residents filing state returns.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax deduction limits for pension income ($6k to $12k), providing tax relief to retirees and aligning with tax relief indicators for middle/lower income.85% confidence

Sub-Topics Income Tax Pensions

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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 Apr 1, 2026

HB 1762: Modifies provisions relating to income tax deductions for private pensions

HB 1762 modifies Missouri's income tax rules for retirement benefits, primarily affecting taxpayers receiving private pension income. It increases the maximum deductible amount for retirement benefits from private sources: $6,000 annually for tax years 2002-2026, rising to $12,000 annually starting in 2027. The bill specifically includes 401(k) plans, IRAs, and other private retirement arrangements (but excludes Roth IRAs) in the deduction calculation. Deduction limits apply based on filing status (e.g., single, married filing jointly) and income thresholds, with higher limits for lower-income taxpayers.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax deductions for private pension income, providing relief to retirees by reducing taxable income under Missouri's income tax system.95% confidence

Sub-Topics Income Tax Pensions

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