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SECOND REGULAR SESSION
HOUSE BILL NO. 2672
103RD GENERAL ASSEMBL Y
INTRODUCED BY REPRESENT A TIVE JONES (12).
6213H.01I JOSEPH ENGLER, Chief Clerk
AN ACT
T o amend chapter 137, RSMo, by adding thereto one new section relating to a local personal
property tax credit for certain disabled veterans.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 137, RSMo, is amended by adding thereto one new section, to be
2 known as section 137.1054, to read as follows:
137.1054. 1. This section shall be known and may be cited as the "Missouri
2 Disabled V eteran Personal Pr operty T ax Cred it Act".
3 2. As used in this section, the following terms mean:
4 (1) "County", any county or city not within a county in this state;
5 (2) "Cr edit percen tage", the same percen tage as the eligible veteran's disability
6 rating, not to exceed one hundred per cent;
7 (3) "Disability rating", the per centage of disability assigned to a disabled
8 veteran by the United States Department of V eterans Affairs, re flecting the degr ee to
9 which the veteran's disability impacts his or her ability to work and perform daily
10 activities, expre ssed as a whole number perce ntage;
11 (4) "Disabled veteran", a Missouri re sident who has been separated under
12 honorable conditions fr om active service in any branch or res erve component of the
13 Armed For ces of the United States or the National Guard of a state as defined in 32
14 U.S.C. Section 101, as amended, and has a service-connected disability and has receiv ed
15 a disability rating of seventy perc ent or great er , as certified by the United States
16 Department of V eterans Affairs;
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.
17 (5) "Eligible veteran", an individual who is a disabled veteran, is a res ident of
18 the county adopting an ordinance under this section, owns and maintains a qualified
19 vehicle in this state, and is liable for the payment of personal pro perty taxes on the
20 qualified vehicle;
21 (6) "Personal pr operty tax cr edit", a cred it against an eligible owner's liability
22 for tax on the qualified res idence that is levied and imposed by the governing body of a
23 county or other political subdivision of this state with the power to levy and impose taxes
24 on r eal prop erty in this state;
25 (7) "Qualified personal pr operty assessment", the total assessed valuation of
26 each qualified vehicle as determined annually by the county assessor;
27 (8) "Qualified tax liability", the total personal prop erty taxes levied on each
28 qualifying vehicle for the tax year , excluding any taxes levied for the blind pension fund;
29 (9) "Qualified vehicle", a motor vehicle titled solely in the name of the eligible
30 veteran or jointly with the eligible veteran's spouse, licensed in Missouri as r equir ed
31 under chapter 301, and used primarily for personal, noncommerc ial purposes.
32 3. (1) For all tax years beginning on or after January 1, 2027, a county may
33 authorize a personal prop erty tax credit for eligible veterans in an amount equal to the
34 cr edit per centage applied to the qualified tax liability for each qualified vehicle, up to
35 two vehicles, if such county adopts an order , ordinance, or re solution authorizing such
36 personal prop erty tax cr edit.
37 (2) A county that adopts and authorizes a personal pro perty tax credit under the
38 pr ovisions of this section may authorize:
39 (a) A uniform cr edit percen tage equal to the eligible veteran's disability rating;
40 or
41 (b) A schedule of cre dit per centages based on disability rating tiers, pr ovided
42 that no cr edit shall be granted for a disability rating below seventy per cent.
43 4. (1) For each tax year in which a personal prop erty tax cred it is authorized
44 under this section, the county collector shall apply the cre dit or credi ts to the eligible
45 veteran's personal prop erty tax bill after determining the total amount of his or her
46 qualified tax liability .
47 (2) Personal pro perty tax credi ts authorized under the pr ovisions of this section
48 shall r educe the amount of personal prop erty taxes the eligible veteran is r equir ed to
49 pay but shall not alter the assessed valuation of the qualified vehicle, the levy applied by
50 any taxing authority , or the tax base used by any taxing authority and shall not be
51 construed as an exemption fr om personal pr operty taxes. The eligible veteran shall
52 r emain res ponsible for all taxes levied for the blind pension fund, which shall not be
53 subject to any cr edit authorized under this section.
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54 (3) Personal pro perty tax cred its issued under the pr ovisions of this section shall
55 not be refu ndable. No personal pro perty tax cr edit claimed under this section shall be
56 carried forward to any subsequent tax year . The personal pro perty tax credi t allowed
57 under this section shall not be transferr ed, assigned, sold, or otherwise conveyed.
58 5. An eligible veteran shall annually pro vide a copy of his or her curren t
59 disability rating letter fro m the Department of V eterans Affairs and pr oof of ownership
60 and regist ration for each qualified vehicle. A county may creat e a simplified rene wal
61 pr ocess for eligible veterans whose disability rating is permanent and total or otherwise
62 designated as static by the United States Department of V eterans Affairs.
63 6. The governing body of the county may adopt reas onable pr ocedur es and
64 pr omulgate ordinances, rules, and r egulations in order to implement and administer the
65 pr ovisions of this section, including application deadlines, documentation r equir ements,
66 and r enewal pro cesses. Eligibility determinations shall be made in accordance with
67 guidelines established by this section and any additional local rules or r egulations. The
68 department of re venue may provi de optional guidance, but implementation shall be
69 conducted at the county level.
70 7. (1) For the purposes of calculating prop erty tax rates, school district
71 operating levy determinations, county reven ue rep orting, constitutional r ollback
72 calculations, and all other state or local r evenue adjustment formulas, the total
73 amount of personal prop erty tax credi ts authorized under this section shall be
74 consider ed tax rev enue actually r eceived by the county , political subdivision, or other
75 taxing authority .
76 (2) No taxing authority shall incr ease its operating levy or debt service levy , or
77 claim a reven ue shortfall as a r esult of cred its granted under the pro visions of this
78 section.
79 (3) A personal pr operty tax cr edit granted under this section shall not affect the
80 pr ocess of setting the tax rate as r equir ed under Article X, Section 22 of the Constitution
81 of Missouri and section 137.073 in any prior , curr ent, or subsequent tax year .
82 (4) Nothing in this section shall impair the obligation of any contract, redu ce or
83 r estrict the taxing authority of any political subdivision, or alter the calculation of
84 assessed valuation for the purposes of bonded indebtedness.
85 8. Nothing in this section shall be construed to r equir e any county to adopt or
86 authorize the personal prop erty tax cred it provi ded under this section. Adoption shall
87 be solely at the discret ion of the county governing body .
✔
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