SJR 113·MO·senate
Modifies provisions relating to property tax assessments
FailedFiled Jan 7, 2026
Sponsor: Joe Nicola (R)
Latest Action
Second Read and Referred S Select Committee on Property Taxes and the State Tax Commission Committee
Feb 5, 2026
Summary
The amendment would set the assessed value of all residential real property to its most recent assessment and limit any increase to the change in the Consumer Price Index or 2% annually, whichever is lower. It applies to single‑family homes and multi‑unit rentals, but permits higher values for new construction or improvements. The goal is to restrain property tax growth for homeowners.
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