Budget & Taxes (Sales Tax)

in committee · Missouri · House May 15, 2026

HB 2650: Reduces the assessment percentage of tangible personal property over a period of years

HB 2650 gradually eliminates property taxes on tangible personal property (like business equipment and furniture) in cities or counties that vote to do so. If approved by voters, the tax rate on this property decreases each year for five years: starting at 26.6% in year one, dropping to 19.9%, then 13.2%, 6.5%, and finally 0% from year five onward. Cities or counties may also choose to replace lost revenue with a local sales tax, but only if voters approve both the elimination and the sales tax. This directly affects local governments and businesses that own taxable tangible personal property within participating jurisdictions.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces business property tax rates over five years, providing tax relief for businesses and local governments seeking to offset revenue loss via voter-approved sales tax.95% confidence

Sub-Topics Business Taxes Property Tax Sales Tax

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in committee · Missouri · Senate Feb 5, 2026

SB 1574: Authorizes Henry County to impose a sales tax for museum purposes

SB 1574 would authorize Henry County to implement a local sales tax specifically for funding museum operations and programs. This tax would apply to eligible purchases within the county, directly affecting residents who make taxable purchases and potentially increasing funding for county museums. The bill provides the legal mechanism for the county to propose and collect this tax, though it does not mandate implementation or specify the tax rate.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes local sales tax specifically to fund museum operations, creating new revenue for public cultural services per bill's purpose.92% confidence

Sub-Topics Sales Tax

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in committee · Missouri · House May 15, 2026

HB 2690: Establishes the "Fair Tax Act of 2026" which replaces the state individual and corporate income tax and the estate tax with a tax based on all new retail sales and services

HB 2690 would replace Missouri's individual and corporate income taxes, estate tax, and related deductions with a 5.11% tax on all new retail purchases and services starting in 2028. It requires the state to adjust the tax rate if revenue changes and provides monthly sales tax rebates to qualifying families based on federal poverty guidelines. The bill directly affects all Missouri residents and businesses by shifting tax responsibility from income to consumption. It must be approved by voters in a 2026 referendum to take effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesReplaces income/estate taxes with consumption tax + rebates for low-income families, shifting burden to consumption while providing tax relief per poverty guidelines, aligning with fiscal fairness indicators.95% confidence

Sub-Topics Business Taxes Income Tax Sales Tax

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in committee · Missouri · Senate Apr 8, 2026

SB 1608: Authorizes a tax credit for contributions to certain youth police initiatives

SB 1608 would create a state tax credit for individuals or businesses that donate to specific youth-focused police programs. The bill directly affects taxpayers who contribute to qualifying initiatives, such as community policing outreach or youth engagement programs run by law enforcement. It does not describe specific qualifying programs, credit amounts, or eligibility rules in the provided abstract. As the bill is only at its first reading (2026-01-29), no further details about implementation or scope are available in the current context.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for donations to youth police programs, reducing taxpayer liability and incentivizing contributions to public safety initiatives.95% confidence ✓ Criminal JusticeSupports Criminal JusticeCreates tax credit for youth police initiatives (community policing/youth engagement), promoting trust-building and prevention - key criminal justice reform elements.85% confidence

Sub-Topics Sales Tax Tax Credits Tax Incentives Law Enforcement Policing

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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 Apr 29, 2026

HB 2686: Provides a sales tax exemption for certain used tangible personal property

HB 2686 clarifies Missouri's sales tax exemptions for businesses purchasing physical goods used in manufacturing, recycling, and repair operations. It specifically exempts materials, machinery, and parts intended for direct use in production, recycling facilities, vehicle repairs, and government contracts. Businesses buying these items for operational use will not pay sales tax on them. This affects manufacturers, recyclers, repair shops, and suppliers to government contracts. The bill refines existing exemption rules without creating new tax breaks, making the policy clearer for affected businesses.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides sales tax exemption for businesses purchasing manufacturing/recycling equipment, reducing tax burden and aligning with tax relief indicators.95% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives

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in committee · Missouri · House Apr 27, 2026

HB 3143: Authorizes counties to impose a local sales tax for funding senior citizen services programs, subject to voter approval

HB 3143 allows counties to propose a local sales tax of up to 0.25% on everyday purchases, but only after voters approve it in an election. If approved, the tax revenue must be used exclusively for senior citizen services, such as meals, transportation, or wellness programs, and cannot fund other county expenses. The tax would be collected separately from other sales taxes, administered by the state revenue department, and deposited into a dedicated "Senior Services Sales Tax Trust Fund." Counties must submit the tax proposal to voters via a specific ballot question asking if they support the tax for senior services.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes new local sales tax (0.25%) exclusively for senior services funding, advancing dedicated budget allocation for essential programs.95% confidence

Sub-Topics Business Taxes Revenue Sales Tax Tags Seniors

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in committee · Missouri · House May 15, 2026

HJR 155: Proposes a constitutional amendment replacing individual and corporate income tax and sales and use tax with a sales tax on retail sales of new tangible property and taxable services

HJR 155 proposes replacing Missouri's individual and corporate income taxes and current sales tax with a new 5.11% tax on retail sales of new tangible property and taxable services, effective for tax years beginning January 1, 2028. It would exempt business purchases for resale, operations (including agriculture), and investment property held exclusively for appreciation or income. The bill requires revenue neutrality adjustments if tax revenue falls short of lost income tax revenue, with local tax rates recalculated to maintain previous revenue levels. This constitutional amendment must be approved by Missouri voters in the 2026 general election.

Topics ✓ Budget & TaxesSupports Budget & TaxesProposes replacing income/sales taxes with new sales tax structure, requiring revenue neutrality - directly addresses tax policy framework.95% confidence

Sub-Topics Business Taxes Income Tax Sales Tax

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in committee · Missouri · Senate Jan 15, 2026

SB 1040: Authorizes a sales tax for special educational services

SB 1040 would allow metropolitan school districts to seek voter approval for a 0.25% sales tax specifically to fund special educational services. The tax would be listed separately on receipts and require a majority "yes" vote in a general election. If approved, revenue would go into a dedicated trust fund, with 1% covering collection costs, and all funds must stay separate from state money. The tax cannot be imposed without voter consent and can only be used for special education programs within the district.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes voter-approved 0.25% sales tax specifically for special education funding, creating dedicated revenue stream for essential public services.95% confidence ✓ EducationSupports EducationAuthorizes local sales tax specifically for special education funding, directly increasing resources for K-12 educational services without restricting access.95% confidence

Sub-Topics Business Taxes Sales Tax School Funding Special Education

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in committee · Missouri · House Feb 24, 2026

HB 2627: Enacts provisions governing personal property taxation

HB 2627 requires counties and political subdivisions (like school districts and cities) to adjust property tax rates when property valuations change, ensuring tax revenue remains stable after reassessments. It mandates that tax rates for different property types (e.g., residential, commercial) be revised to generate the same revenue as the previous year, excluding new construction. School districts must also account for revenue from railroad/utility property and cap rate increases at inflation (CPI) or 5%, whichever is lower. The bill directly affects local governments responsible for setting property tax rates in Missouri.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates tax rate adjustments to maintain stable revenue after property reassessments, promoting fiscal responsibility and preventing revenue loss for local governments.95% confidence

Sub-Topics Property Tax Revenue Sales Tax

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