Section 137.1055

Title X TAXATION AND REVENUE

Chapter 137

Effective - 09 Sep 2025, see footnote   

  137.1055.  Homestead property tax credit, certain counties — definitions — credit amount — notification. — 1.  For the purposes of this section, the following terms shall mean:

  (1)  "County", a five percent county or a zero percent county;

  (2)  "Five percent county":

  (a)  Any county with more than forty thousand but fewer than fifty thousand inhabitants and with a county seat with more than fourteen thousand but fewer than eighteen thousand inhabitants;

  (b)  Any county with more than five thousand but fewer than six thousand inhabitants and with a county seat with fewer than nine hundred inhabitants;

  (c)  Any county with more than twenty-five thousand but fewer than thirty thousand inhabitants and with a county seat with more than eight thousand but fewer than twelve thousand inhabitants;

  (d)  Any county with more than twelve thousand five hundred but fewer than fourteen thousand inhabitants and with a county seat with more than five thousand but fewer than six thousand inhabitants;

  (e)  Any county with more than fifteen thousand seven hundred but fewer than seventeen thousand six hundred inhabitants and with a county seat with more than two thousand but fewer than three thousand inhabitants;

  (f)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with more than six hundred seventy but fewer than seven hundred thirty inhabitants;

  (g)  Any county with more than fourteen thousand but fewer than fifteen thousand seven hundred inhabitants and with a county seat with more than five thousand five hundred but fewer than eight thousand inhabitants;

  (h)  Any county with more than nine thousand nine hundred but fewer than eleven thousand inhabitants and with a county seat with more than one thousand five hundred but fewer than two thousand five hundred inhabitants;

  (i)  Any county with more than twenty-five thousand but fewer than thirty thousand inhabitants and with a county seat with more than five hundred but fewer than two thousand five hundred inhabitants;

  (j)  Any county with more than nine thousand nine hundred but fewer than eleven thousand inhabitants and with a county seat with more than three hundred but fewer than six hundred inhabitants;

  (k)  Any county with more than seventeen thousand six hundred but fewer than nineteen thousand inhabitants and with a county seat with more than five thousand fifty but fewer than seven thousand inhabitants;

  (l)  Any county with more than five thousand but fewer than six thousand inhabitants and with a county seat with more than nine hundred but fewer than one thousand six hundred inhabitants;

  (m)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with fewer than three hundred inhabitants;

  (n)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with more than three thousand three hundred but fewer than five thousand inhabitants;

  (o)  Any county with more than seven thousand but fewer than eight thousand inhabitants and with a county seat with fewer than four hundred eighty inhabitants;

  (p)  Any county with more than nineteen thousand but fewer than twenty-two thousand inhabitants and with a county seat with more than two thousand two hundred twenty but fewer than two thousand five hundred inhabitants;

  (q)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with more than one thousand three hundred but fewer than two thousand inhabitants;

  (r)  Any county with more than eleven thousand but fewer than twelve thousand five hundred inhabitants and with a county seat with more than one thousand but fewer than two thousand inhabitants;

  (s)  Any county with more than six thousand but fewer than seven thousand inhabitants and with a county seat with more than one thousand but fewer than one thousand eight hundred inhabitants;

  (t)  Any county with more than eight thousand nine hundred but fewer than nine thousand nine hundred inhabitants and with a county seat with more than five thousand but fewer than six thousand inhabitants;

  (u)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with more than two thousand but fewer than three thousand three hundred inhabitants;

  (v)  Any county with more than four thousand but fewer than four thousand five hundred inhabitants and with a county seat with more than eight hundred inhabitants;

  (w)  Any county with more than eleven thousand but fewer than twelve thousand five hundred inhabitants and with a county seat with more than one hundred but fewer than five hundred inhabitants;

  (x)  Any county with more than fourteen thousand but fewer than fifteen thousand seven hundred inhabitants and with a county seat with more than eight thousand but fewer than ten thousand inhabitants;

  (y)  Any county with more than two thousand but fewer than three thousand six hundred inhabitants;

  (z)  Any county with more than nineteen thousand but fewer than twenty-two thousand inhabitants and with a county seat with more than ten thousand but fewer than thirteen thousand inhabitants;

  (aa)  Any county with more than five thousand but fewer than six thousand inhabitants and with a county seat with more than one thousand six hundred but fewer than two thousand six hundred inhabitants;

  (bb)  Any county with fewer than two thousand inhabitants;

  (cc)  Any county with more than nineteen thousand but fewer than twenty-two thousand inhabitants and with a county seat with more than one thousand but fewer than two thousand two hundred twenty inhabitants;

  (dd)  Any county with more than fourteen thousand but fewer than fifteen thousand seven hundred inhabitants and with a county seat with more than one thousand but fewer than two thousand inhabitants;

  (ee)  Any county with more than fifteen thousand seven hundred but fewer than seventeen thousand six hundred inhabitants and with a county seat with more than three thousand but fewer than three thousand six hundred inhabitants;

  (ff)  Any county with more than nineteen thousand but fewer than twenty-two thousand inhabitants and with a county seat with more than eight thousand five hundred but fewer than ten thousand inhabitants;

  (gg)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with more than six hundred but fewer than six hundred seventy inhabitants;

  (hh)  Any county with more than forty thousand but fewer than fifty thousand inhabitants and with a county seat with more than twenty-one thousand but fewer than thirty-one thousand inhabitants;

  (ii)  Any county with more than thirty thousand but fewer than thirty-five thousand inhabitants and with a county seat with more than nine thousand but fewer than thirteen thousand inhabitants;

  (jj)  Any county with more than eight thousand nine hundred but fewer than nine thousand nine hundred inhabitants and with a county seat with fewer than one thousand inhabitants;

  (kk)  Any county with more than nineteen thousand but fewer than twenty-two thousand inhabitants and with a county seat with more than six thousand but fewer than eight thousand five hundred inhabitants;

  (ll)  Any county with more than fifteen thousand seven hundred but fewer than seventeen thousand six hundred inhabitants and with a county seat with more than seven thousand but fewer than nine thousand inhabitants;

  (mm)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than twelve thousand five hundred but fewer than sixteen thousand inhabitants;

  (nn)  Any county with more than thirty thousand but fewer than thirty-five thousand inhabitants and with a county seat with more than three thousand eight hundred but fewer than six thousand inhabitants;

  (oo)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than five thousand but fewer than eight thousand inhabitants;

  (pp)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than one thousand four hundred but fewer than one thousand nine hundred inhabitants;

  (qq)  Any county with more than sixty thousand but fewer than seventy thousand inhabitants;

  (rr)  Any county with more than seventeen thousand six hundred but fewer than nineteen thousand inhabitants and with a county seat with more than four thousand but fewer than five thousand fifty inhabitants;

  (ss)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than two thousand three hundred but fewer than four thousand inhabitants;

  (tt)  Any county with more than one hundred thousand but fewer than one hundred twenty thousand inhabitants and with a county seat with more than four thousand but fewer than six thousand inhabitants;

  (uu)  Any county with more than eighty thousand but fewer than one hundred thousand inhabitants and with a county seat with more than seventy thousand but fewer than eighty thousand inhabitants;

  (vv)  Any county with more than twenty-five thousand but fewer than thirty thousand inhabitants and with a county seat with more than fourteen thousand but fewer than twenty thousand inhabitants;

  (ww)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than nine thousand but fewer than twelve thousand five hundred inhabitants;

  (xx)  Any county with more than six thousand but fewer than seven thousand inhabitants and with a county seat with more than one thousand eight hundred but fewer than two thousand five hundred inhabitants;

  (yy)  Any county with more than three thousand six hundred but fewer than four thousand inhabitants;

  (zz)  Any county with more than nine thousand nine hundred but fewer than eleven thousand inhabitants and with a county seat with fewer than two hundred inhabitants;

  (aaa)  Any county with more than fourteen thousand but fewer than fifteen thousand seven hundred inhabitants and with a county seat with more than four thousand nine hundred but fewer than five thousand five hundred inhabitants;

  (bbb)  Any county with more than twenty-five thousand but fewer than thirty thousand inhabitants and with a county seat with more than two thousand five hundred but fewer than six thousand inhabitants;

  (ccc)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with more than eight hundred but fewer than one thousand three hundred inhabitants;

  (ddd)  Any county with more than four thousand five hundred but fewer than five thousand inhabitants and with a county seat with more than one thousand seven hundred thirty-three inhabitants;

  (eee)  Any county with more than nine thousand nine hundred but fewer than eleven thousand inhabitants and with a county seat with more than six hundred but fewer than one thousand inhabitants;

  (fff)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than nine hundred but fewer than one thousand four hundred inhabitants;

  (ggg)  Any county with more than four thousand but fewer than four thousand five hundred inhabitants and with a county seat with fewer than eight hundred inhabitants;

  (hhh)  Any county with more than four thousand five hundred but fewer than five thousand inhabitants and with a county seat with fewer than one thousand seven hundred thirty-three inhabitants;

  (iii)  Any county with more than six thousand but fewer than seven thousand inhabitants and with a county seat with more than four hundred but fewer than one thousand inhabitants;

  (jjj)  Any county with more than one hundred twenty thousand but fewer than one hundred fifty thousand inhabitants;

  (kkk)  Any county with more than fifty thousand but fewer than sixty thousand inhabitants and with a county seat with more than ten thousand but fewer than twelve thousand six hundred inhabitants;

  (lll)  Any county with more than nine thousand nine hundred but fewer than eleven thousand inhabitants and with a county seat with more than one thousand but fewer than one thousand five hundred inhabitants;

  (mmm)  Any county with more than eighty thousand but fewer than one hundred thousand inhabitants and with a county seat with more than thirteen thousand but fewer than seventeen thousand inhabitants;

  (nnn)  Any county with more than eight thousand nine hundred but fewer than nine thousand nine hundred inhabitants and with a county seat with more than one thousand but fewer than two thousand inhabitants;

  (ooo)  Any county with more than twelve thousand five hundred but fewer than fourteen thousand inhabitants and with a county seat with more than four thousand but fewer than five thousand inhabitants;

  (ppp)  Any county with more than seventeen thousand six hundred but fewer than nineteen thousand inhabitants and with a county seat with more than eight thousand but fewer than ten thousand inhabitants;

  (qqq)  Any county with more than six thousand but fewer than seven thousand inhabitants and with a county seat with fewer than three hundred inhabitants;

  (rrr)  Any county with more than thirty-five thousand but fewer than forty thousand inhabitants and with a county seat with more than five hundred but fewer than two thousand inhabitants;

  (sss)  Any county with more than fifteen thousand seven hundred but fewer than seventeen thousand six hundred inhabitants and with a county seat with more than four thousand two hundred ten but fewer than six thousand inhabitants;

  (ttt)  Any county with more than forty thousand but fewer than fifty thousand inhabitants and with a county seat with more than ten thousand but fewer than fourteen thousand inhabitants;

  (uuu)  Any county with more than fifty thousand but fewer than sixty thousand inhabitants and with a county seat with more than twelve thousand six hundred but fewer than fifteen thousand inhabitants;

  (vvv)  Any county with more than eleven thousand but fewer than twelve thousand five hundred inhabitants and with a county seat with more than two thousand but fewer than two thousand eight hundred fifty inhabitants;

  (www)  Any county with more than fifteen thousand seven hundred but fewer than seventeen thousand six hundred inhabitants and with a county seat with more than three thousand six hundred but fewer than four thousand two hundred ten inhabitants;

  (3)  "Eligible credit amount", the difference between an eligible taxpayer's real property tax liability on such taxpayer's homestead for a given tax year, minus the real property tax liability on such homestead in the eligible taxpayer's initial credit year, provided that, for five percent counties, the real property tax liability on an eligible taxpayer's homestead as determined in the taxpayer's initial credit year may be increased by no more than five percent per year or the percent increase in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics, whichever is greater, and for zero percent counties, the real property tax liability on an eligible taxpayer's homestead shall not be increased above the liability incurred during the initial credit year.  For all counties, an eligible taxpayer's real property tax liability shall be increased to reflect any increase in tax liability derived from any new property tax levy or an increase in an existing property tax levy approved by the voters subsequent to an eligible taxpayer's initial credit year, provided that, for five percent counties, such increase shall not be considered for the purposes of calculating the allowable increase in an eligible taxpayer's real property tax liability as provided in this subdivision;

  (4)  "Eligible taxpayer", a Missouri resident who:

  (a)  Is an owner of record of a homestead or has a legal or equitable interest in such property as evidenced by a written instrument; and

  (b)  Is liable for the payment of real property taxes on such homestead;

  (5)  "Homestead", real property actually occupied by an eligible taxpayer as the primary residence.  An eligible taxpayer shall not claim more than one primary residence;

  (6)  "Initial credit year", the 2024 tax year.

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If in any tax year subsequent to the eligible taxpayer's initial credit year the eligible taxpayer's real property tax liability is lower than such liability in the initial credit year, such tax year shall be considered the eligible taxpayer's initial credit year for all subsequent tax years;

  (7)  "Zero percent county":

  (a)  Any county with more than one hundred thousand but fewer than one hundred twenty thousand inhabitants and with a county seat with more than nine thousand but fewer than eleven thousand inhabitants;

  (b)  Any county with more than fifty thousand but fewer than sixty thousand inhabitants and with a county seat with more than seventeen thousand but fewer than twenty-one thousand inhabitants;

  (c)  Any county with more than one hundred thousand but fewer than one hundred twenty thousand inhabitants and with a county seat with more than twelve thousand but fewer than fourteen thousand inhabitants;

  (d)  Any county with more than fourteen thousand but fewer than fifteen thousand seven hundred inhabitants and with a county seat with more than two thousand but fewer than three thousand inhabitants;

  (e)  Any county with more than twelve thousand five hundred but fewer than fourteen thousand inhabitants and with a county seat with more than one thousand but fewer than two thousand inhabitants;

  (f)  Any county with more than thirty-five thousand but fewer than forty thousand inhabitants and with a county seat with more than eight thousand but fewer than ten thousand inhabitants;

  (g)  Any county with more than two hundred thousand but fewer than two hundred thirty thousand inhabitants;

  (h)  Any county with more than eleven thousand but fewer than twelve thousand five hundred inhabitants and with a county seat with more than two thousand eight hundred fifty but fewer than four thousand inhabitants;

  (i)  Any county with more than thirty-five thousand but fewer than forty thousand inhabitants and with a county seat with more than ten thousand but fewer than fourteen thousand inhabitants;

  (j)  Any county with more than eight thousand but fewer than eight thousand nine hundred inhabitants and with a county seat with more than seven hundred thirty but fewer than eight hundred inhabitants;

  (k)  Any county with more than seven thousand but fewer than eight thousand inhabitants and with a county seat with more than four hundred eighty but fewer than one thousand inhabitants;

  (l)  Any county with more than thirty thousand but fewer than thirty-five thousand inhabitants and with a county seat with more than two hundred but fewer than nine hundred inhabitants;

  (m)  Any county with more than fifty thousand but fewer than sixty thousand inhabitants and with a county seat with more than one thousand but fewer than four thousand inhabitants;

  (n)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than one thousand nine hundred but fewer than two thousand three hundred inhabitants;

  (o)  Any county with more than thirty thousand but fewer than thirty-five thousand inhabitants and with a county seat with more than two thousand but fewer than three thousand eight hundred inhabitants;

  (p)  Any county with more than eighty thousand but fewer than one hundred thousand inhabitants and with a county seat with more than twenty thousand but fewer than twenty-five thousand inhabitants;

  (q)  Any county with more than thirty-five thousand but fewer than forty thousand inhabitants and with a county seat with more than two thousand but fewer than five thousand inhabitants;

  (r)  Any county with more than twenty-two thousand but fewer than twenty-five thousand inhabitants and with a county seat with more than five hundred but fewer than nine hundred inhabitants;

  (s)  Any county with more than four hundred thousand but fewer than five hundred thousand inhabitants;

  (t)  Any county with more than eleven thousand but fewer than twelve thousand five hundred inhabitants and with a county seat with more than four thousand but fewer than five thousand inhabitants;

  (u)  Any county with more than seven thousand but fewer than eight thousand inhabitants and with a county seat with more than one thousand but fewer than two thousand inhabitants;

  (v)  Any county with more than thirty-five thousand but fewer than forty thousand inhabitants and with a county seat with more than five thousand but fewer than eight thousand inhabitants.

  2.  By no later than the municipal election in April 2026, a county shall place on the ballot a question of whether to grant a property tax credit pursuant to this section to eligible taxpayers residing in such county in an amount equal to the taxpayer's eligible credit amount.  If a majority of the votes cast on the proposal by the qualified voters voting thereon are in favor of the proposal, then the credit shall be in effect and the county shall grant such property tax credit to eligible taxpayers residing in such county in an amount equal to the taxpayer's eligible credit amount.

  3.  (1)  A county granting a credit pursuant to this section shall apply such credit when calculating the eligible taxpayer's property tax liability for the tax year.  The amount of the credit shall be noted on the statement of tax due sent to the eligible taxpayer by the county collector.  The county governing body may adopt reasonable procedures in order to carry out the purposes and intent of this section, provided that the county shall not adopt any procedure that limits the definition or scope of eligible credit amount or eligible taxpayer as defined in this section.

  (2)  If an eligible taxpayer makes new construction and improvements to such eligible taxpayer's homestead, the real property tax liability for the taxpayer's initial credit year shall be increased to reflect the real property tax liability attributable to such new construction and improvements.

  (3)  If an eligible taxpayer's homestead is annexed into a taxing jurisdiction to which such eligible taxpayer did not owe real property tax in the eligible taxpayer's initial credit year, then the real property tax liability for the taxpayer's initial credit year shall be increased to reflect the real property tax liability owed to the annexing taxing jurisdiction.

  4.  For the purposes of calculating property tax levies pursuant to section 137.073, the total amount of credits authorized by a county pursuant to this section shall be considered tax revenue, as such term is defined in section 137.073, actually received.

  5.  A county granting a tax credit pursuant to this section shall notify each political subdivision within such county of the total credit amount applicable to such political subdivision by no later than November thirtieth of each year.

  6.  No taxpayer shall be authorized to claim a property tax credit pursuant to this section and section 137.1050 for the same homestead.

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(L. 2025 1st. Ex. Sess. S.B. 3 § 137.1120)

Effective 9-09-25

CROSS REFERENCE:

Severability clause, 67.3009