HB1631 • 2026

Modifies provisions governing tangible personal property assessments of boats

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Haley, Willard (058)
Last action: 2026-05-15
Official status: 05/15/2026 - Referred: Emerging Issues(H)
Effective date: 2026-08-28

Plain English Breakdown

The official source material does not provide specific details on how existing boat owners' taxes will be affected or what happens to boats regularly transported between counties, leading to these uncertainties.

Changes How Boats Are Assessed for Property Taxes

This bill changes how boats are taxed in Missouri, specifying that they should be assessed based on where the boat is located rather than where the owner lives.

What This Bill Does

Specifies that boats and floating docks shall now be assessed in the county where they are located, not where the owner resides.
Defines 'boats' to include only motorboats and vessels as defined by Missouri law if these boats are stored outside of the owner's home county on a lift or in a marina.
Ensures that tangible personal property belonging to estates is assessed in the county with probate jurisdiction.

Who It Names or Affects

Owners of boats who store their boats outside their home county
Local governments responsible for assessing and collecting property taxes

Terms To Know

Tangible personal property: Physical items that can be touched, like boats or vehicles.
Assessment: The process of determining the value of a piece of property for tax purposes.

Limits and Unknowns

Does not specify how changes will affect existing boat owners' taxes.
Does not address boats that are regularly transported to and from the owner's home county.

Bill History

2026-05-15 Missouri House of Representatives and Missouri Senate
Referred: Emerging Issues(H)
2026-01-08 Missouri House of Representatives and Missouri Senate
Read Second Time (H)
2026-01-07 Missouri House of Representatives and Missouri Senate
Read First Time (H)
2025-12-01 Missouri House of Representatives and Missouri Senate
Prefiled (H)

Official Summary Text

Modifies provisions governing tangible personal property assessments of boats

Current Bill Text

Read the full stored bill text

SECOND REGULAR SESSION
HOUSE BILL NO. 1631
103RD GENERAL ASSEMBL Y
INTRODUCED BY REPRESENT A TIVE HALEY .
5224H.01I JOSEPH ENGLER, Chief Clerk
AN ACT
T o repeal section 137.090, RSMo, and to enact in lieu thereof one new section relating to
property assessments of boats.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Section 137.090, RSMo, is repealed and one new section enacted in lieu
2 thereof, to be known as section 137.090, to read as follows:
137.090. 1. (1) Except as otherwise pro vided in this section, all tangible personal
2 property of whatever nature and character situate in a county other than the one in which the
3 owner resides shall be assessed in the county where the owner resides[ ; except that, ] .
4 (2) The following items of tangible personal prop erty used for lodging shall be
5 assessed in the county wher e the items ar e located:
6 (a) Houseboats[ , ] ;
7 (b) Cabin cruisers[ , floating boat docks, ] ; and
8 (c) Manufactured homes, as defined in section 700.010[ , used for lodging ] .
9 (3) The following items of tangible personal pr operty shall be assessed in the
10 county where [ they ] the items are located[ , ] :
11 (a) Floating boat docks; and
12 (b) Boats. As used in this paragraph, "boats" includes only motorboats and
13 vessels as the terms "motorboat" and "vessel" are defined in section 306.010 if such
14 boats:
15 a. Are housed or stor ed outside the owner's county of r esidence on a lift or in a
16 marina; and
17 b. Are not reg ularly transported to and fr om the owner's county of r esidence .
EXPLANA TION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is
intended to be omitted from the law . Matter in bold-face type in the above bill is proposed language.
18 (4) T angible personal property belonging to estates shall be assessed in the county in
19 which the probate division of the circuit court has jurisdiction.
20 (5) T angible personal property , other than motor vehicles as the term is defined in
21 section 301.010, used exclusively in connection with farm operations of the owner and kept
22 on the farmland, shall not be assessed by a city , town or village unless the farmland is totally
23 within the boundaries of the city , town or village.
24 (6) No tangible personal property shall be simultaneously assessed in more than one
25 county .
26 2. The assessed valuation of any tractor or trailer as defined in section 301.010 owned
27 by an individual, partner , or member and used in interstate commerce must be apportioned to
28 Missouri based on the ratio of miles traveled in this state to miles traveled in the United States
29 in interstate commerce during the preceding tax year or on the basis of the most recent annual
30 mileage figures available.
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