Bill > HB2762

This bill modifies and creates new provisions relating to utilities, primarily by updating definitions for property classification for tax purposes, establishing new tax assessment methods for solar and wind energy projects, and adjusting procedures for dissolving public water supply districts. Key changes include defining "residential property," "agricultural and horticultural property," and "utility, industrial, commercial, railroad and other real property" for tax assessment under Article X of the Missouri Constitution, and allowing taxing districts to adjust levies to recoup revenue losses from reclassifications. New sections establish a fixed tax liability per megawatt for solar energy projects starting in 2026 and allow land associated with solar projects over five megawatts to be classified as commercial property. The bill also introduces specific tax assessment methodologies for solar and wind energy projects, including local assessment for solar projects starting in 2027 and a requirement for wind energy conversion systems (defined as five or more turbines over 50 feet tall) to apply for and install light-mitigating technology to reduce aircraft collision risks, with penalties for non-compliance. Additionally, it changes the voter approval threshold for dissolving public water supply districts from two-thirds to four-sevenths of voters. Finally, the bill clarifies that corporations cannot condemn property for the construction of wind or solar energy generation facilities themselves, but they can condemn property for necessary collection, distribution, and transmission lines to connect these facilities to the grid.

Transportation and Infrastructure

https://house.mo.gov/Bill.aspx?bill=HB2762&year=2026&code=R