Bill > HJR126

This resolution proposes a constitutional amendment to be submitted to Missouri voters in the 2026 general election, which would provide a property tax assessment reduction for senior citizens and disabled individuals. Specifically, beginning January 1, 2027, residential property owned by individuals who are 65 years or older or permanently disabled would receive a 50% reduction in property tax assessment, provided the owner's federal taxable income is $50,000 or less (or $75,000 or less for married couples filing jointly). The resolution maintains the existing constitutional provisions that no property class can be assessed at more than 33.33% of its true value, and it defines different property classes and subclasses (such as residential, agricultural, and utility properties). By offering this tax assessment reduction, the resolution aims to provide financial relief to seniors and disabled individuals who may be on fixed incomes and struggling with property tax burdens.

https://house.mo.gov/Bill.aspx?bill=HJR126&year=2026&code=R