Missouri legislation · 2026 Regular Session
Missouri HB2588: Establishes the "Missouri Disabled Veterans Homestead Tax Credit Act", authorizing counties to adopt a real property tax credit for certain disabled veterans who own a homestead
Status: In committee, March 25, 2026
What the bill says
To amend chapter 137, RSMo, by adding thereto one new section relating to a local real property tax credit for certain disabled veterans. Section A. Chapter 137, RSMo, is amended by adding thereto one new section, to be known as section 137.1053, to read as follows: 137.1053. 1. The section shall be known and may be cited as the "Missouri Disabled Veteran Homestead Tax Credit Act". 2. As used in this section, the following terms (2) "Disability rating", the percentage of disability assigned to a disabled veteran by the United States Department of Veterans Affairs, reflecting the degree to whic.
From the introduced text:
To amend chapter 137, RSMo, by adding thereto one new section relating to a local real property tax credit for certain disabled veterans. Section A. Chapter 137, RSMo, is amended by adding thereto one new section, to be known as section 137.1053, to read as follows: 137.1053. 1. The section shall be known and may be cited as the "Missouri Disabled Veteran Homestead Tax Credit Act". 2. As used in this section, the following terms (2) "Disability rating", the percentage of disability assigned to a disabled veteran by the United States Department of Veterans Affairs, reflecting the degree to which the veteran's disability impacts his or her ability to work and perform daily activities; (3) "Disabled veteran", a Missouri resident who has been separated under honorable conditions from active service in any branch or reserve component of the Armed Forces of the United States or the National Guard of a state as defined in U.S.C. Section 101, as amended, and has a service-connected disability and has received a disability rating of one hundred percent permanent and total as certified by the United States Department of Veterans Affairs; (4) "Eligible owner", an individual who is a disabled veteran, is the owner of record of the qualified residence or has a legal or equitable interest in a qualified EXPLANATION -- Matter enclosed …