Missouri legislation · 2026 Regular Session
Missouri HB2650: Reduces the assessment percentage of tangible personal property over a period of years
Status: In committee, May 15, 2026
What the bill says
From the introduced text:
SECOND REGULAR SESSION HOUSE BILL NO. 2650 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE BYRNES. 6011H.01I JOSEPH ENGLER, Chief Clerk To repeal section 137.115, RSMo, and to enact in lieu thereof one new section relating to personal property taxes, with a contingent effective date. Section A. Section 137.115, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 137.115, to read as follows: 137.115. 1. (1) All other laws to the contrary notwithstanding, except as otherwise provided in subdivision (2) of this subsection, 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) (a) Except as otherwise provided in paragraph (b) of this subdivision, 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. (b) A city not within a county or a county may eliminate the assessment and taxation of tangible personal property as provided in this paragraph as follows: a. A city not within a county or a county may submit a question of whether to eliminate personal …
Sponsors
- Tricia Byrnes (R, 063) · primary sponsor
Latest actions
- : Referred: Emerging Issues(H)
- : Read Second Time (H)
- : Read First Time (H)
- : Prefiled (H)
Common questions
- What is HB2650?
- HB2650 is a bill in the Missouri Legislature (2026 Regular Session): Reduces the assessment percentage of tangible personal property over a period of years.
- What is the status of HB2650?
- In committee as of May 15, 2026. Latest action: Referred: Emerging Issues(H) (May 15, 2026).
- Who sponsored HB2650?
- Tricia Byrnes (R, 063).
- Where is the official record for HB2650?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB2650&year=2026&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.