Missouri · SB 1410 · 2026 session

SS/SCS/SBs 1410 & 853 - This act modifies provisions relating to property taxes. TAX BALLOT MEASURE LANGUAGE This act requires an election authority to label tax ballot measures numerically or alphabetically in the order they are submitted. Election authorities may coordinate with each other, or with the Secretary of State, to maintain a database or other record and to ensure that the same measure shared on the ballot of multiple jurisdictions at the same election will have the same numerical or alphabetical assignment. (Section 115.240) This provision is identical to a provision in SB 1517 (2026), and HCS/HB 2178 (2026), and is substantially similar to a provision in HCS/SS/SCS/SBs 1066 & 1088 (2026), SB 1784 (2026), and SCS/HCS/HB 1790 (2026). This act requires any ballot measure seeking to add, change, or modify a tax on residential real property to express the effect of the proposed change within the ballot language in terms of the change in dollars owed per $100,000 of a property's market valuation. (Section 137.067) This provision is substantially similar to SB 1203 (2026), SB 1293 (2026), SCS/HCS/HB 1790 (2026), HCS/HBs 2709 & 2671 (2026), HCS/HB 119 (2025), HCS/HB 517 (2025), HCS/HB 531 (2025), HB 660 (2025), HCS/HB 2058 (2024), HCS/HB 1517 (2024), HCS/HB 2140 (2024), CCS/HS/HCS/SS#2/SCS/SB 96 (2023), and HCS/SS#3/SCS/SB 131 (2023). ASSESSMENT OF SHORT-TERM RENTALS This act modifies the definition of "residential property" for the purposes of the taxation of real property by providing that such definition shall include single family homes that are owned by a sole proprietor, individual, partnership, or limited liability company and leased, in whole or in part, for a term of less than thirty consecutive days, provided that such provision may not apply to any such property in excess of fifteen such properties owned by the same individual or business. This act also prohibits an assessor from reclassifying real property without first conducting an in-person consultation with the owner of record of such property. An assessor shall be deemed to be in compliance with this provision if the assessor can document a good-faith effort to contact the owner of record, as described in the act. (Section 137.016) This provision is identical to a provision in HCS/SS/SCS/SBs 1066 & 1088 (2026), and is substantially similar to SB 1303 (2026), HCS/HB 2098 (2026), SB 699 (2025), SB 784 (2025), and SCS/HB 1086 (2025), and to a provision in SS/SCS/SB 1001 (2026), SB 1784 (2026), HB 660 (2025), and SCS/HB 3000 (2026). PROPERTY TAX LEVIES Current law allows taxing jurisdictions to impose either a single property tax levy for all property types or a different levy for each class and subclass of property. This act provides that, beginning on January 1, 2027, each county and city not within a county shall determine the assessed valuation, set and revise levies, and make adjustments to levies for each subclass of real property, individually, and personal property, in the aggregate. (Section 137.073.2(2) and (4); section 137.079; and section 137.115.16) These provisions are substantially similar to provisions in HCS/SS/SCS/SBs 1066 & 1088 (2026), SB 1293 (2026), and HCS#2/HB 2780 (2026). If, prior to the expiration of a temporary levy increase, voters are asked to approve an additional permanent levy increase, voters shall be submitted ballot language that clearly indicates that if the permanent levy increase is approved, the temporary levy shall be made permanent. (Section 137.073.5(3)) This provision is identical to a provision in HCS/SS/SCS/SBs 1066 & 1088 (2026), SB 1293 (2026), SB 1517 (2026), SCS/HCS/HB 1790 (2026), HCS/HBs 2709 & 2671 (2026), HCS#2/HB 2780 (2026), HCS/HB 119 (2025), HB 660 (2025), HB 1497 (2025), HCS/HB 2058 (2024), HCS/HB 1517 (2024), HCS/HB 2140 (2024), CCS/HS/HCS/SS#2/SCS/SB 96 (2023), and HCS/SS#3/SCS/SB 131 (2023), and is substantially similar to SB 880 (2018) and SB 357 (2017). This act provides that, if the total assessed valuation in a political subdivision decreases in the tax year immediately following a tax year in which the voters approved an increase to the tax rate ceiling, such political subdivision may increase its levy such that the revenue received equals the amount that would have been received from the increased rate of levy had there been no decrease in the total assessed valuation. (Section 137.073.5(6)) This provision is substantially similar to a provision in HCS/SS/SCS/SBs 1066 & 1088 (2026), SB 1293 (2026), SB 1517 (2026), HCS/HBs 2709 & 2671 (2026), HCS#2/HB 2780 (2026), HCS/HB 119 (2025), HB 660 (2025), HB 1497 (2025), HCS/HB 2058 (2024), HCS/HB 1517 (2024), and HCS/HB 2140 (2024). This act requires any taxing jurisdiction that is required to roll back its property tax levy to separately report to the State Auditor any increase in the rate of levy for debt service made during the same year. The State Auditor shall provide such data aggregated by taxing authority in an easily accessible format on the State Auditor's website, and the State Auditor may perform an audit on any such taxing authority to ensure compliance with the provisions of law and the Constitution requiring tax levy rollbacks. (Section 137.073.6(3)) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026). Current law provides that the burden of proof to sustain a property valuation shall be on the assessor for any assessment of residential real property that is made by a computer, computer-assisted method, or a computer program. This act applies such provision to all non-agricultural real property. (Section 137.115.1(5)) This provision is substantially similar to a provision in HCS/SS/SCS/SBs 1066 & 1088 (2026), SB 1784 (2026), HCS/HB 2178 (2026), and HCS#2/HB 2780 (2026). Current law requires an assessor to conduct a physical inspection prior to increasing the assessed value of residential real property by more than 15%. This act allows the property owner of any non-agricultural real property to request a physical inspection if the assessed value of such property has increased by more than fifteen percent since the last assessment. (Section 137.115.10) This provision is identical to a provision in SCS/HCS/HB 2178 (2026) and is substantially similar to a provision in HCS/SS/SCS/SBs 1066 & 1088 (2026), SB 1517 (2026), SB 1784 (2026), and HCS#2/HB 2780 (2026). MOTOR VEHICLE ASSESSMENTS Current law requires assessors to use a publication selected by the State Tax Commission to determine the true value of motor vehicles. This act requires the State Tax Commission to develop the bid specifications to select and secure such publication, and to secure an annual appropriation from the General Assembly for the publication. The State Tax Commission shall ensure that all assessors have access to the publication. (Section 137.115.9) PROPERTY TAX DEADLINES Current law requires a county assessor to provide notification to a taxpayer by no later than June 15 if the assessor increases the taxpayer's real property valuation. This act requires such notice to be provided by no later than June 1. (Sections 137.180, 137.355, and 137.490) These provisions are identical to provisions in SS/SCS/HCS/HBs 1768 & 2060 (2026). PROPERTY TAX CREDITS Current law allows counties to provide a property tax credit to certain seniors. This act provides that a taxpayer shall not be required to reapply for such credit annually. The tax credit shall continue to be applied to the taxpayer's homestead until the tax year in which the taxpayer relocates to another homestead or upon the death of the taxpayer. (Section 137.1050) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026) and is similar to a provision in HCS/SS/SCS/SBs 1066 & 1088 (2026) and SCS/HCS/HB 2944 (2026). Current law requires each school district secretary to submit an annual report containing certain information about the district. This act requires such report to include the total amount of property tax credits applicable to the district from the prior year. (Section 137.1060) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026). PROPERTY TAX PAYMENTS Current law authorizes counties to provide for the payment of real and personal property taxes in installments on an annual, semiannual, or quarterly basis, but excludes township counties from utilizing such payment plans. This act repeals such prohibition for township counties and allows the form of the installments to also be made on a monthly or weekly basis. (Section 139.053) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026) and substantially similar to SB 1211 (2026) and HB 388 (2025), and to a provision in SB 1517 (2026). This act authorizes a county assessor to allow a grace period of ten days for the submission of certain forms that are transmitted through the U.S. Postal Service and that are postmarked on or before the due date but received after the due date due to postal delay. (Section 1) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026). DELINQUENT PROPERTY TAX NOTICES This act authorizes a collector to offer a trusted contact program to a taxpayer, who may designate one or more trusted contacts for the collector to contact in the event the taxpayer has not paid the taxpayer's property tax liability by March 1 of a calendar year. (Section 140.010) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026). SCHOOL DISTRICT BOND ISSUES Current law requires bond issues for school districts to include certain ballot language. This act modifies such language by adding a clause including the length of time it is estimated the district's bonded indebtedness would be extended. (Section 164.151) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026). MISSOURI TAXPAYER DEBT RELIEF AND SCHOOL FACILITIES ACT This act creates the "Missouri Taxpayer Debt Relief and School Facilities Act", the "Commission on Academic Facilities", and a corresponding fund in the state treasury for purposes of providing state financial support for public school academic facility projects currently funded by local property taxpayers. State financial participation in such projects shall be reserved only for academic facilities where students receive instruction, such as classrooms and libraries, excluding administration buildings, bus barns, maintenance facilities, and athletic facilities, as provided in the act. Members of the commission shall include the Commissioner of Education, two members appointed by the Governor, one member appointed by the President Pro Tempore of the Missouri Senate, one member appointed by the Senate minority leader, and two members appointed by the Speaker of the House of Representatives, not more than one of whom from the same political party. All members of the commission shall have demonstrated experience in public school administration, school facility planning or construction, or public finance. The act outlines certain duties of the commission, including the adoption of rules establishing application procedures, project evaluation criteria, facility standards, audit requirements, and a methodology for state and local cost sharing, along with other duties specified in the act. The commission shall establish, by rule, a methodology for determining the relative fiscal capacity of each school district to provide local resources for academic facilities projects and the respective state and local shares of eligible projects. The act specifies certain measures of district fiscal capacity that shall be considered, such as assessed valuation, property wealth per pupil, income levels, operating levies, debt service obligations, and other indicators of the ability to raise local capital. Districts with lower fiscal capacity and higher operating levies shall generally qualify for higher effective state support than districts with higher fiscal capacity and lower operating levies. The commission shall establish minimum and maximum state participation percentages for eligible project costs and may differentiate such percentages among project categories. A school district may apply to the commission for state financial participation in an academic facilities project only if the district satisfies certain criteria. Such criteria include a requirement that the district shall have adopted a long range facilities plan in a form approved by the commission, and the proposed project shall be consistent with such plan and with applicable facility standards to be established by the commission. Additionally, the school district shall have a current operating levy for school purposes at or above the performance levy, as such terms are defined in current law, unless the district's operating levy was at or above the performance levy at any point during the previous four years but was reduced due to a constitutionally mandated rollback. The act establishes a priority order for the awarding of state financial participation in each funding cycle. First order priority shall be given to projects addressing substantial and imminent dangers to health and safety. Second order priority shall be given to projects that create substantial and demonstrable efficiencies in the ongoing operating costs of a school district. Third order priority shall be given to projects that remedy significant facility condition deficiencies. Fourth order priority shall be given to projects that provide additional capacity to accommodate enrollment growth or eliminate excessive reliance on temporary classrooms. The commission shall further prioritize projects by considering certain factors to be included within and among the funding priority categories. These factors include the severity of facility need and educational impact; the district's fiscal capacity, so that districts with lower fiscal capacity receive higher effective state support; the district's operating levy, so that districts with higher levies receive higher effective state support to help reduce increases in property taxes; the extent to which the district is already relying on local funding effort, prioritizing districts that receive less than half of their total revenue from state sources; the availability or lack of local bonding capacity for facilities purposes; the degree of local matching commitment associated with the project; and the prudent and resourceful expenditure of state funds, as provided in the act. No project shall receive state financial participation unless the district demonstrates a good faith matching commitment, as determined by the commission. The commission shall give favorable consideration to projects accompanied by a plan, approved by the district's governing board, that uses state participation to offset or reduce the amount of new local debt that would otherwise be required for the project or allows for a reduction in future debt service levies or avoidance of levy increases that would otherwise be needed. The commission shall not require a district that is otherwise eligible for state financial participation to increase local tax rates as a condition of receiving state financial participation. The commission shall ensure that state funds are allocated in a manner that reasonably balances a preference for districts demonstrating strong local effort; a consideration for districts with limited remaining bonding capacity; and the goal of mitigating, where practicable, the long term property tax burden associated with necessary facility improvements. A district receiving state financial participation shall comply with all applicable procurement, construction, and reporting requirements and shall complete the project substantially as described in the district's approved application. The commission may withhold, suspend, or require repayment of state funds if a district materially violates the requirements of this act, promulgated rules under the act, or the terms of the district's approved project. (Section 1) This provision is identical to a provision in SS/SCS/HCS/HBs 1768 & 2060 (2026). SEVERABILITY This act contains a severability clause. (Section B) JOSH NORBERG