Establishes the "Missouri Disabled Veterans Personal Property Tax Credit Act", authorizing counties to adopt a personal property tax credit for certain disabled veterans who own up to two motor vehicles

Summary

The bill lets each county choose to give a tax credit on up to two personally owned vehicles for veterans who are rated 70% disabled or higher by the VA. The credit equals the veteran’s disability percentage and reduces the tax bill, but does not change the vehicle’s assessed value. It would take effect for tax years beginning on Jan. 1, 2027, but counties are not required to adopt it.

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