Modifies and creates new provisions relating to solar energy projects.

HB 2762 redefines property classifications for Missouri property tax purposes, primarily affecting how residential, agricultural, and utility properties are taxed. It creates new definitions: "residential property" excludes transient housing like hotels, "agricultural property" now includes urban community gardens and certain mills, and "utility/industrial property" covers most non-residential commercial uses. The bill requires counties to reclassify properties with five or more residential units (e.g., apartment buildings) under new tax rules, allowing taxing districts to adjust levies to recoup lost revenue from classification changes. It also establishes rules for properties used for multiple purposes (e.g., farms with dwellings) and specifies that forest croplands remain taxed under separate rules.