Bill > HB2709

This bill modifies provisions governing property taxation by requiring that any ballot measure proposing changes to real property taxes must clearly state the financial impact in terms of dollars per $100,000 of a property's market value, and it mandates that all tax levy increases on real and personal property be applied equally across all subclasses of property. Additionally, it clarifies that if a temporary tax levy increase expires and voters approve a subsequent permanent increase, the temporary levy will not be made permanent unless the ballot language explicitly states this, and it also allows for the recoupment of lost tax revenue due to assessed valuation reductions for up to three years following the determination of such reductions. The bill also repeals and reenacts several sections of Missouri Revised Statutes (RSMo) related to property tax assessment and rate setting, including changes to how business personal property under appeal is handled when setting tax rates and adjustments to how certain personal property and solar equipment are assessed.

Budget and Finance

https://house.mo.gov/Bill.aspx?bill=HB2709&year=2026&code=R