Missouri legislation · 2026 Regular Session
Missouri HB2859: Reduces the assessment percentage of certain personal property and provides a personal property tax exemption for certain personal property upon adoption of a constitutional amendment authorizing such exemption
Status: In committee, April 29, 2026
What the bill says
From the introduced text:
SECOND REGULAR SESSION HOUSE BILL NO. 2859 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE MATTHIESEN. 6167H.01I JOSEPH ENGLER, Chief Clerk To repeal section 137.115, RSMo, and to enact in lieu thereof two new sections relating to personal property taxes. Section A. Section 137.115, RSMo, is repealed and two new sections enacted in lieu thereof, to be known as sections 137.102 and 137.115, to read as follows: 137.102. 1. As used in this section, the following terms mean: (1) "Farm machinery", the same meaning as such term is defined under section 32.085 for such items that were manufactured ten years or more prior to the current calendar year as such items are assessed and valued as tangible personal property under this section or any other provision of law; (2) "Motor vehicles", the same meaning as such term is defined under section 301.010 for such items that were manufactured ten years or more prior to the current calendar year as such items are assessed and valued as tangible personal property under this section or any other provision of law. The term "motor vehicles" includes "vehicle" as defined under section 301.010, "recreational vehicle" as defined under section 700.010, "trailer" as defined under section 301.010, motor vehicles and certain aircraft as described under subdivision (4) of subsection 3 of section 137.115, and motor vehicles as …
Sponsors
- Mark Matthiesen (R, 107) · primary sponsor
Latest actions
- : Placed Back on Formal Perfection Calendar (H)
- : Placed on the Informal Perfection Calendar (H)
- : Placed Back on Formal Perfection Calendar (H)
- : Placed on the Informal Perfection Calendar (H)
- : Placed Back on Formal Perfection Calendar (H)
- : Placed on the Informal Perfection Calendar (H)
- : Reported Do Pass (H) - AYES: 6 NOES: 3 PRESENT: 0
- : Voted Do Pass (H)
- : Executive Session Completed (H)
- : Referred: Rules - Legislative(H)
Votes
- Reported Do Pass (H) (February 17, 2026): 6 yea, 3 nay, passed
- Reported Do Pass (H) (February 2, 2026): 7 yea, 3 nay, passed
Common questions
- What is HB2859?
- HB2859 is a bill in the Missouri Legislature (2026 Regular Session): Reduces the assessment percentage of certain personal property and provides a personal property tax exemption for certain personal property upon adoption of a constitutional amendment authorizing such exemption.
- What is the status of HB2859?
- In committee as of April 29, 2026. Latest action: Placed Back on Formal Perfection Calendar (H) (April 29, 2026).
- Who sponsored HB2859?
- Mark Matthiesen (R, 107).
- Where is the official record for HB2859?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB2859&year=2026&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.