Enacts the "Missouri Homeowners' Association Act"

HB 1177 creates the "Missouri Homeowners' Association Act" to establish new rules for HOAs in planned communities (like subdivisions), effective January 1, 2026. It requires HOAs to become nonprofit corporations within one year after developer control ends, sets a 67% vote threshold for most amendments (overriding higher existing requirements), and mandates unanimous owner approval to change lot ownership interests. The bill preserves developers' rights to manage properties and alter community layouts, while clarifying that common areas won’t be separately taxed and lot owners retain individual property tax assessments. It directly affects HOAs, lot owners, and developers managing Missouri planned communities.