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MO HB3078

MO HB3078
Provides a homestead exemption for disabled veterans


summary

Introduced
01/22/2026
In Committee
02/18/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Provides a homestead exemption for disabled veterans

AI Summary

This bill, known as the "Missouri Disabled Veteran Homestead Tax Credit Act," allows counties to offer a property tax credit to disabled veterans who meet specific criteria. To qualify, a veteran must be a Missouri resident, honorably discharged from the U.S. Armed Forces, and have a permanent and total service-connected disability rating of 100% as certified by the U.S. Department of Veterans Affairs. The credit applies to their primary residence, known as a "homestead," which must not exceed $500,000 in market value and be used primarily as a home, not for commercial purposes. The credit amount can be up to 100% of the eligible owner's real property tax liability for that residence, excluding taxes for the state blind pension fund. This tax credit is optional for counties to adopt, and if adopted, it is also optional for eligible veterans to participate. The credit can transfer to a surviving spouse under certain conditions but is not refundable or transferable to others. Importantly, this credit is not an exemption from property taxes and does not reduce the assessed valuation used for bonded indebtedness. Veterans receiving this credit cannot also receive other property tax relief programs.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Veterans and Armed Forces Hearing (12:00:00 3/3/2026 House Hearing Room 7) (on 03/03/2026)

bill text


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