Missouri Bills

This bill allows Missouri counties to let property owners pay real and personal property taxes in installments (annual, semiannual, or quarterly) instead of a single annual payment. Taxpayers pay based on the previous year's tax amount, with year-end adjustments: they pay extra if underpaid or receive a refund for overpayments (without interest). Counties must refund overpayments once per year and can charge interest only if payments are missed. It directly affects all property taxpayers in counties adopting this system, excluding financial institutions using escrow accounts for tax payments.

SB 1583 modifies provisions related to a property tax designated for senior services, though the provided context lacks specific details about the changes. The bill's abstract does not indicate how the tax rate, eligibility, or funding mechanisms would be altered. Without concrete details on the proposed modifications, such as adjustments to tax rates or administrative procedures, a full description of its mechanisms cannot be provided. The bill is currently under review by the Select Committee on Property Taxes and the State Tax Commission.

SB 1522 revises Missouri's property tax assessment rules, directly affecting homeowners, businesses, farmers, and airport operators. Key changes include setting a 5% tax rate for solar equipment installed before August 2022, reducing the tax rate for agricultural crops to 0.5%, and allowing airport property owners to deduct their construction costs from taxable value. The bill also establishes a new two-year assessment maintenance plan process requiring county approval and clarifies how computer-assisted valuations must be justified in disputes. These provisions aim to modernize tax calculations while maintaining specific exemptions for certain property types.

SB 1521 requires Missouri property assessors to send written notices to property owners when increasing a property's assessed value, with specific details about potential tax impacts. Notices must be delivered by June 15th and include projected tax liability (in reassessment years), a breakdown of tax rates by local government, and clear appeal instructions. Property owners directly affected by valuation increases receive these notifications, which must use clear formatting to highlight tax changes and deadlines. The bill also mandates that large-county assessors provide online access to valuation methods or phone-based alternatives for those without internet.

This bill (SB 1495) is a procedural modification to existing property tax laws regarding delinquent payments. The provided context does not include specific details about the proposed changes, affected parties, or key mechanisms. The official abstract simply states it "modifies provisions relating to delinquent property taxes" without elaboration. Since no concrete policy changes or provisions are described in the available information, a substantive summary cannot be generated. The bill is currently in early committee review with no voting history.

This constitutional amendment (SJR 113) changes how Missouri property taxes are calculated, primarily affecting homeowners and landowners. It limits annual increases for residential property (including rental homes) to the lesser of the consumer price index (inflation rate) or a 2% cap, preventing sudden tax jumps. The bill also reorganizes property classes: Class 1 (homes, farms, businesses) must use uniform tax percentages, while Class 3 (like commercial properties) is taxed based on annual yield with a maximum 8% limit. Exceptions allow higher increases for new construction or major improvements.

This bill proposes replacing the current property tax on real estate (such as homes and land) with a sales tax applied to property transactions. It would directly affect homeowners and property buyers by changing how they pay taxes on real estate purchases. The key mechanism is shifting the tax burden from annual property assessments to a sales tax collected at the time of sale, though specific rates or implementation details are not provided in the abstract.

This bill (SB 1475) has no specific provisions described in the provided context. The official abstract only states it "modifies provisions relating to delinquent property taxes" without detailing any changes to payment deadlines, penalties, grace periods, or other mechanisms. Since no concrete policy changes or affected parties are specified in the available information, a substantive summary cannot be generated. The bill is currently in the early stages of the legislative process (prefiled and first reading).

This bill proposes a constitutional amendment to provide a property tax exemption for disabled veterans in Missouri. It would exempt the homestead property (primary residence) of disabled veterans certified by the VA for 100% service-connected disability, as well as their surviving spouses who continue living in that home. The exemption covers real property used as a homestead but does not apply if the surviving spouse sells the home or stops using it as their primary residence. To offset lost tax revenue, counties would impose a replacement tax on certain business inventory property within the county.

SJR 66 is a proposed constitutional amendment that would change Missouri's property tax system. It classifies property into three main subclasses (residential, agricultural, and commercial/industrial) and sets a 33.3% cap on assessed value for all classes. The amendment would allow the state legislature to limit annual increases in tax liability for residential and agricultural properties (class 1). This proposal requires voter approval in 2026 to take effect, as it amends Article X of the Missouri Constitution. It directly affects property owners in Missouri, particularly those with residential and agricultural land.

This proposed constitutional amendment would change Missouri's property tax rules for primary residences. Starting January 1, 2027, homeowners maintaining their main residence would keep their previous tax assessment value, preventing annual increases unless they make major improvements like new construction. This specifically affects residential property owners (Class 1, Subclass 1) but leaves agricultural, commercial, and other property classes under separate tax rules. The amendment aims to stabilize property tax bills for long-term homeowners by freezing reassessment values unless significant changes occur to the property.

SJR 88 is a proposed constitutional amendment in Missouri that would create a property tax exemption for disabled veterans and their surviving spouses. It defines a "disabled veteran" as a Missouri resident with honorable military service and 100% VA disability compensation from service-connected injuries, and exempts their primary residence (homestead) from property taxes. Surviving spouses retain the exemption only if they continue living in the same home; the exemption ends if they sell the property or move. To offset lost local tax revenue, the bill requires counties to impose a replacement tax on certain commercial property (subclass 3 of class 1), with adjustments based on property values and voter approval for rate changes. This is a pending constitutional amendment (prefiled Dec 2025, first read Jan 2026), not yet law.