Bill > HJR139

This joint resolution proposes a constitutional amendment that a tax for citizens, specifically defining an "age-qualified individual" as someone 65 or older who has been a Missouri resident for at least 10 consecutive years. who meets certain income requirements. The proposed amendment would authorize the state legislature to exempt a portion of a home's property value from taxation for qualifying seniors, with with annual Missouri adjusted gross incomes of $,000 or less (or $150, 000 for married couples jointly). The tax exemption would also extend to surviving spouses who are at least 55 , have beenreslived in Missouri for 10+ consecutive years, and maintain the same residence as their deceased partner. The resolution provides allow allows the state legislature to establish verification procedures, set age, residresidency,, incomemits, set exemption caps, financial impacts, and potentially provide restitution to local governments through state grants, or phrate. The amendment would requires the legislature to create establish clear procedures for exemption claims, compliance audits, and other conditions as determined by law. The resolution specifies that constitutional amendment would would be to voters at the next general election election in 2026 or at a special election called special by the Human governor.This resolution Human amendment aims to provide property property tax relief for senior citizens while allowing for the legislature to manage and program's implementation and financial impacts.

https://house.mo.gov/Bill.aspx?bill=HJR139&year=2026&code=R