Bill > HB2672

This bill, known as the "Missouri Disabled Veterans Personal Property Tax Credit Act," allows counties to offer a personal property tax credit to eligible disabled veterans who own up to two motor vehicles. A disabled veteran is defined as a Missouri resident with an honorable discharge and a service-connected disability rating of 70% or greater, as certified by the U.S. Department of Veterans Affairs. The credit percentage will match the veteran's disability rating, up to 100%, and will be applied to the qualified tax liability on their vehicle(s), excluding taxes for the blind pension fund. This credit is not a tax exemption and does not affect assessed valuations or tax levies for other purposes. Eligible veterans must annually provide proof of their disability rating and vehicle ownership. Counties have the discretion to adopt this credit and can establish their own procedures for implementation, with the total amount of credits granted being considered actual tax revenue received by the county.

Military Affairs and Security

https://house.mo.gov/Bill.aspx?bill=HB2672&year=2026&code=R