Capitol Report Patricia Pike Property Tax Relief for Disabled Veterans in Missouri

JEFFERSON CITY, MO: The upcoming 2020 legislative session is shaping up to be a mix of issues and initiatives.  With prefiling currently in progress, one House joint resolution recently introduced would give voters the opportunity to provide property tax relief to disabled veterans living in Missouri. The legislation is a proposed constitutional amendment (HJR 67) to provide a tax exemption for certain real and personal property owned by disabled veterans.

This proposed constitutional amendment would authorize a real and personal property tax exemption for veterans with a combat-related disability and a total combined disability rating of 80 percent or more, as determined by United States Department of Veterans Affairs. The property tax exemption would be capped at $200,000 in actual value for 2020 and indexed for inflation in subsequent years.

The senior legislative sponsor of the legislation said, “These heroes put themselves in harm’s way in service to our country, and that service led some to suffer injuries that have left them facing a lifetime of challenges, both physical and financial. I think Missouri voters will agree with me that reducing their property tax burden is one way to show our appreciation for their service and sacrifice.”

If approved by both the Missouri House and Senate, HJR 67 would then appear on the November 2020 ballot for voter consideration. If approved by voters, the Missouri Constitution would be changed to implement the property tax exemption for disabled veterans.