Missouri legislation · 2026 Regular Session
Missouri HB2627: Enacts provisions governing personal property taxation
Status: In committee, February 24, 2026
What the bill says
From the introduced text:
SECOND REGULAR SESSION HOUSE BILL NO. 2627 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE TAYLOR (48). 4416H.01I JOSEPH ENGLER, Chief Clerk To repeal section 137.073, RSMo, and to enact in lieu thereof two new sections relating to personal property taxation. Section A. Section 137.073, RSMo, is repealed and two new sections enacted in lieu thereof, to be known as sections 137.073 and 139.035, to read as follows: 137.073. 1. As used in this section, the following terms mean: (1) "General reassessment", changes in value, entered in the assessor's books, of a substantial portion of the parcels of real property within a county resulting wholly or partly from reappraisal of value or other actions of the assessor or county equalization body or ordered by the state tax commission or any court; (2) "Tax rate", "rate", or "rate of levy", singular or plural, includes the tax rate for each purpose of taxation of property a taxing authority is authorized to levy without a vote and any tax rate authorized by election, including bond interest and sinking fund; (3) "Tax rate ceiling", a tax rate as revised by the taxing authority to comply with the provisions of this section or when a court has determined the tax rate; except that, other provisions of law to the contrary notwithstanding, a school district may levy the …
Sponsors
- Tim Taylor (R, 048) · primary sponsor
Latest actions
- : Public Hearing Completed (H)
- : Referred: Special Committee on Property Tax Reform(H)
- : Read Second Time (H)
- : Read First Time (H)
- : Prefiled (H)
Common questions
- What is HB2627?
- HB2627 is a bill in the Missouri Legislature (2026 Regular Session): Enacts provisions governing personal property taxation.
- What is the status of HB2627?
- In committee as of February 24, 2026. Latest action: Public Hearing Completed (H) (February 24, 2026).
- Who sponsored HB2627?
- Tim Taylor (R, 048).
- Where is the official record for HB2627?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB2627&year=2026&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.