Authorizes the "Missouri Homestead Preservation Tax Credit Program" and implements a homestead exemption for certain individuals

Summary

The bill would give eligible owners—people 65 or older or disabled with household income of $125,000 or less—a full exemption on the tax assessed for their homestead (primary home plus up to five acres). It requires annual re‑application and bars recipients from receiving any other Missouri property‑tax credits. The program would begin in 2027 and expire six years later unless reauthorized.

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