Budget & Taxes

in committee · Missouri · House Feb 18, 2026

HB 2671: Modifies provisions governing the assessment and taxation of property

HB 2671 modifies how Missouri counties, school districts, and other local governments adjust property tax rates when property values change. It requires these entities to revise tax rates for each property subclass (like residential or commercial) to maintain the same total tax revenue from that class as the previous year, excluding new construction and improvements. The bill sets strict limits: tax rates cannot exceed the highest rate after 1980 unless voters approve a higher rate, and adjustments for inflation are capped at the Consumer Price Index or 5%, whichever is lower. This directly affects local governments responsible for property tax collection, ensuring revenue stability while preventing uncontrolled rate increases.

Topics ✓ Budget & TaxesSupports Budget & TaxesPrevents excessive property tax rate increases without voter approval, promoting fiscal stability and accountability in local tax revenue management per bill's strict limits.90% confidence

Sub-Topics Property Tax Revenue

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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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introduced · Missouri · House Nov 25, 2025

HB 11: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Social Services

HB 11 is a funding bill that allocates specific money to Missouri's Department of Social Services (DSS) for the 2025-2026 fiscal year. It provides funding for DSS operations, grants, refunds, and program distributions, including $426,325 for the Director's Office and $21 million to the OA Information Technology Federal Fund. The bill specifies that funds must be spent only as permitted by Missouri's Constitution (Article IV, Section 28) and covers all DSS divisions and programs for the stated fiscal period. It does not change policies or create new programs, but rather authorizes budget allocations for existing services.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $21M to DSS for operations and programs, advancing public service funding per budget appropriations95% confidence

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vetoed · Missouri · House Jun 30, 2026

HB 2003: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Higher Education and Workforce Development

HB 2003 is Missouri's 2026-2027 state budget bill allocating funds to the Department of Higher Education and Workforce Development. It provides $29 million for the Higher Education Academic Scholarship Program, $84 million for the Access Missouri Financial Assistance Program, and $16.8 million for academic scholarships, all funded through state revenue and trust funds. The bill also allocates $601,000 for regulating proprietary schools, $200,000 for indemnifying individuals affected by proprietary school closures, and $1.5 million for non-Common Core-related donations. These funds are designated for specific programs and must be used as outlined, with some flexibility between budget categories. The bill covers the fiscal year from July 1, 2026, through June 30, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $129.8M in state funds to education scholarship programs, directly funding public services per budget allocation language.95% confidence ✓ EducationSupports EducationAllocates $29M, $84M, and $16.8M to higher education scholarships and financial aid programs, directly increasing funding and access for students.95% confidence

Sub-Topics Appropriations Revenue State Budget Curriculum Student Financial Aid

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passed · Missouri · House May 7, 2026

HB 2711: Modifies provisions relating to the assessment of certain broadband communications equipment

HB 2711 adds "machinery and equipment used to provide broadband communications service" as a new taxable subclass (subclass 8) under Missouri's tangible personal property tax rules. This specifically includes physical infrastructure like fiber cables, antennas, routers, switches, and related equipment owned by broadband providers. The bill modifies how these assets are assessed for property tax purposes, placing them in a separate category from other equipment. It directly affects broadband service providers who own this infrastructure, requiring them to pay taxes on it under the new classification. The change clarifies that such equipment is taxable as tangible personal property, distinct from other categories like solar panels or farm machinery.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds broadband infrastructure to taxable property subclass, increasing state tax revenue from telecom providers under property tax rules.95% confidence

Sub-Topics Property Tax

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failed · Missouri · House May 6, 2026

HB 2989: Modifies provisions relating to gaming

HB 2989 establishes a new video lottery system in Missouri, creating a regulatory framework for video lottery game terminals. It imposes a 31% tax on adjusted gross gaming revenue and a separate 3% municipal tax, with net terminal income split equally between operators and retailers. The bill defines key terms like "video lottery game operator," "redemption terminal," and "central control system," while creating an Enforcement Fund to support investigations of gaming violations using collected revenue. It also allows law enforcement agreements with gaming and lottery commissions, exempting personnel hired under these agreements from standard staffing caps.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 31% and 3% taxes on gaming revenue, creating new state tax streams and funding Enforcement Fund for gaming violations, directly advancing fiscal management.90% confidence

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in committee · Missouri · House Apr 29, 2026

HB 2945: Amends tax law to provide for additional subtractions for capital gains that are recharacterized as ordinary income by IRS

HB 2945 modifies Missouri's tax calculation to account for when the IRS recharacterizes capital gains as ordinary income. It requires Missouri taxpayers to add back the difference between federal capital gains treatment and ordinary income treatment to their federal adjusted gross income when computing state tax. This adjustment directly affects Missouri residents who have capital gains reclassified by the IRS, potentially increasing their state taxable income. The bill creates a specific mechanism for this adjustment, ensuring Missouri tax calculations align with federal recharacterization decisions. It does not change tax rates or create new deductions, only adjusts how certain income is treated for state tax purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesCloses tax loophole by aligning state tax with federal reclassification, ensuring taxpayers pay correct rate and increasing state revenue.95% confidence

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in committee · Missouri · House May 15, 2026

HB 3036: Authorizes a transient guest tax for general revenue purposes in Knob Noster upon voter approval

HB 3036 would allow the city of Knob Noster to impose a 5% tax on short-term hotel or campground stays (31 days or less per quarter) if approved by voters. The tax would be added to nightly charges, billed separately, and used for general city funds like roads or services. It requires a voter referendum at a general election, with the tax only taking effect if a majority votes "yes." The bill does not change current tax rules but authorizes a new revenue source pending community approval.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes new 5% transient guest tax for city general revenue, directly increasing local tax revenue to fund services like roads, aligning with funding public services indicator.95% confidence

Sub-Topics Business Taxes Revenue Sales Tax

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in committee · Missouri · House May 15, 2026

HB 2883: Modifies the provisions of the "Show-Me Sports Investment Act"

HB 2883 modifies Missouri's "Show-Me Sports Investment Act" to govern state funding for professional sports facilities. It allows the state to provide financial assistance (up to the facility's baseline tax revenues annually) to MLB or NFL teams for new or upgraded athletic venues with seating over 30,000, requiring projects to cost at least $500 million. The bill restricts funding to exclude tax revenues from the 2026 FIFA World Cup in specific counties and caps state spending at 50% of project costs via bonds over a 30-year period. This directly affects professional sports franchises seeking state support for facility development in Missouri.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill directs tax revenues to sports facilities (MLB/NFL), creating tax expenditure for wealthy entities, aligning with oppose indicator of favoring wealthy tax breaks.90% confidence

Tags Economic Development

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introduced · Missouri · House Nov 25, 2025

HB 3: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Higher Education and Workforce Development

HB 3 appropriates $6.58 million from the General Revenue Fund for the Missouri Department of Higher Education and Workforce Development to cover operational expenses, grant administration, and scholarship programs for public and private higher education institutions during fiscal year 2025-2026. It also allocates a separate $1 million "one-time" fund from General Revenue for a statewide campaign targeting adults without college credentials, plus $74,245 for regulating proprietary schools and $153,797 for closing proprietary schools. All funds must be spent within constitutional limits and specific purposes outlined in the bill, with no additional funding beyond the designated fiscal year.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $6.58M + $1M from General Revenue for higher education funding, directly advancing state budget priorities for education programs.95% confidence ✓ EducationSupports EducationAllocates $6.58M for higher education operations, grants, scholarships, and $1M for adult education campaign, directly funding educational programs.95% confidence

Sub-Topics Revenue Higher Education Student Financial Aid

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