Second Read and Referred S Select Committee on Property Taxes and the State Tax Commission Committee
Summary
The amendment would allow Missouri lawmakers to set caps on the increase in real‑property tax liability or on the rise in assessed value for Class 1 properties. It applies to residential, agricultural, utility, industrial, commercial, railroad and other property, and keeps assessment percentages below 33⅓ % of true value. Voters would have decided the change in the 2026 election, but the measure failed.
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