Bill > HB1939

This bill modifies the "Senior Citizen Property Tax Relief Credit" or "circuit breaker" tax credit by increasing the maximum upper limit amounts. Specifically, it increases the maximum upper limit for all calendar years beginning on or after January 1, 2025 to $45,500, and in the case of a homestead owned and occupied for the entire year by the claimant, the maximum upper limit is increased to $50,000. This change aims to provide greater property tax relief for eligible senior citizens and disabled individuals in Missouri.