Missouri legislation · 2026 Regular Session
Missouri SB1088: Modifies provisions relating to the classification of certain residential real property
Status: In committee, February 18, 2026
SB 1088 - This act modifies the definition of "residential property" for the purposes of the taxation of real property by providing that such definition shall include single family homes that are owned by a sole proprietor, individual, partnership, or limited liability company and leased, in whole or in part, for a term of less than thirty consecutive days. This act is identical to SCS/HB 1086 (2025) and is substantially similar to SB 699 (2025) and SB 784 (2025), and to a provision in HB 660 (2025). JOSH NORBERG
What the bill says
From the introduced text:
SECOND REGULAR SESSION SENATE BILL NO. 1088 103RD GENERA L ASSEMBLY INTRODUCED BY SENATOR NURRENBERN. 4427S.01I KRISTINA MARTIN, Secretary To repeal section 137.016, RSMo, and to enact in lieu thereof one new section relating to classification of certain residential real property. Section A. Section 137.016, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 137.016, to read as follows: 137.016. 1. As used in Section 4(b) of Article X of the Missouri Constitution, the following terms mean: (1) "Residential property", all real property improved by a structure which is used or intended to be used for residential living by human occupants, vacant land in connection with an airport, land used as a golf course, manufactured home parks, bed and breakfast inns in which the owner resides and uses as a primary residence with six or fewer rooms for rent, and time-share units as defined in section 407.600, except to the extent such units are actually rented and subject to sales tax under subdivision (6) of subsection 1 of section 144.020, but residential property shall not include other similar facilities used primarily for transient housing. A single family home owned by a sole proprietor, individual, partnership, or limited liability company that is leased for a term of less than thirty consecutive days, in whole …
Sponsors
- Maggie Nurrenbern (D, 17) · primary sponsor