Proposes a constitutional amendment granting homestead and personal property tax exemptions to certain veterans proportional to the veteran's disability rating
This bill proposes a constitutional amendment to grant Missouri veterans with service-connected disabilities a property tax exemption proportional to their disability rating. Specifically, veterans with less than 100% disability would see their total property taxes reduced by their exact disability percentage, while those with 100% disability would receive full exemption on both real estate and personal property. The exemption would apply to all real property used as a homestead and all personal property owned by qualifying veterans, effective January 1, 2027. The amendment requires voter approval in the 2026 election to take effect.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 15, 2025
Last action May 15, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
May 15, 2025
Committee
Referred: Emerging Issues(H)
lower
Jan 15, 2025
Introduced
Introduced and Read First Time (H)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mike Costlow
RRepublican
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