Missouri legislation · 2026 Regular Session
Missouri HB2923: Establishes the "Homestead Improvement Property Tax Relief Act" exempting qualifying improvements to a homestead from real property taxation
Status: In committee, April 9, 2026
What the bill says
From the amended text:
SECOND REGULAR SESSION HOUSE COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 2923 103RD GENERAL ASSEMBLY 5818H.02C JOSEPH ENGLER, Chief Clerk To repeal section 137.115, RSMo, and to enact in lieu thereof two new sections relating to real property tax exemptions for improvements to a homestead. Section A. Section 137.115, RSMo, is repealed and two new sections enacted in lieu thereof, to be known as sections 137.115 and 137.1081, to read as follows: 137.115. 1. (1) All other laws to the contrary notwithstanding, the assessor or the assessor's deputies in all counties of this state including the City of St. Louis shall annually make a list of all real and tangible personal property taxable in the assessor's city, county, town or district. (2) Except as otherwise provided in subsection 3 of this section and section 137.078, the assessor shall annually assess all personal property at thirty-three and one-third percent of its true value in money as of January first of each calendar year. (3) The assessor shall annually assess all real property, including any new construction and improvements to real property that are not exempt under section 137.1081, and possessory interests in real property at the percent of its true value in money set in subsection 5 of this section. The true value in money of any possessory interest in real property …
Sponsors
- Carolyn Caton (R, 033) · primary sponsor
Latest actions
- : HCS Reported Do Pass (H) - AYES: 5 NOES: 3 PRESENT: 0
- : HCS Voted Do Pass (H)
- : Executive Session Completed (H)
- : Public Hearing Completed (H)
- : Referred: Special Committee on Tax Reform(H)
- : Read Second Time (H)
- : Introduced and Read First Time (H)
Votes
- HCS Reported Do Pass (H) (April 9, 2026): 5 yea, 3 nay, passed
Common questions
- What is HB2923?
- HB2923 is a bill in the Missouri Legislature (2026 Regular Session): Establishes the "Homestead Improvement Property Tax Relief Act" exempting qualifying improvements to a homestead from real property taxation.
- What is the status of HB2923?
- In committee as of April 9, 2026. Latest action: HCS Reported Do Pass (H) - AYES: 5 NOES: 3 PRESENT: 0 (April 9, 2026).
- Who sponsored HB2923?
- Carolyn Caton (R, 033).
- Where is the official record for HB2923?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB2923&year=2026&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.