Bill > HB2944

This bill modifies provisions related to the local senior citizen homestead tax credit, which is a property tax credit for eligible seniors on their primary residence. An "eligible taxpayer" is defined as a Missouri resident who is at least sixty-two years old, owns or has a legal interest in their "homestead" (their primary residence), and is responsible for paying property taxes on it. The "eligible credit amount" is the difference between a senior's current property tax bill and what they paid in their "initial credit year," which is generally the year they first qualified for the credit or the year the credit was authorized. The bill allows counties to grant this credit if they adopt an ordinance or if voters approve it through a referendum, where the ballot question asks if senior citizens aged 62 and older should be exempt from property tax increases on their primary residence. A key change is that for tax years beginning on or after the bill's effective date, eligible taxpayers will no longer need to reapply for the credit annually after their initial qualification; the credit will be automatically applied unless the taxpayer moves or passes away, in which case notification is required within ninety days.

Budget and Finance

https://house.mo.gov/Bill.aspx?bill=HB2944&year=2026&code=R