Missouri legislation · 2025 Regular Session
Missouri HB518: Modifies the "circuit breaker" tax credit by increasing the maximum upper limit and property tax credit amounts
Status: In committee, May 15, 2025
What the bill says
From the introduced text:
FIRST REGULAR SESSION HOUSE BILL NO. 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE MATTHIESEN. 0963H.01I DANARADEMANMILLER,ChiefClerk To repeal sections 135.010, 135.025, and 135.030, RSMo, and to enact in lieu thereof three new sections relating to property tax credits. Section A. Sections 135.010, 135.025, and 135.030, RSMo, are repealed and three new sections enacted in lieu thereof, to be known as sections 135.010, 135.025, and 135.030, to read as follows: 135.010. As used in sections 135.010 to 135.030 the following words and terms mean: (1) "Claimant", a person or persons claiming a credit under sections 135.010 to 135.030. If the persons are eligible to file a joint federal income tax return and reside at the same address at any time during the taxable year, then the credit may only be allowed if claimedona combined Missouri incometax returnor a combinedclaim returnreporting their combined incomes and property taxes. A claimant shall not be allowed a property tax credit unlesstheclaimant or spousehasattainedthe ageof sixty-fiveon orbefore thelast day ofthe calendar year and the claimant or spouse was a resident of Missouri for the entire year, or the claimantor spouseisa veteran ofany branch ofthe Armed Forcesofthe UnitedStates orthis state who became one hundred percent disabled as a result of such service, or the claimant or spouse is disabled as defined in subdivision (2) of this section, and …
Sponsors
- Mark Matthiesen (R, 107) · primary sponsor
Latest actions
- : Referred: Emerging Issues(H)
- : Read Second Time (H)
- : Read First Time (H)
- : Prefiled (H)
Common questions
- What is HB518?
- HB518 is a bill in the Missouri Legislature (2025 Regular Session): Modifies the "circuit breaker" tax credit by increasing the maximum upper limit and property tax credit amounts.
- What is the status of HB518?
- In committee as of May 15, 2025. Latest action: Referred: Emerging Issues(H) (May 15, 2025).
- Who sponsored HB518?
- Mark Matthiesen (R, 107).
- Where is the official record for HB518?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB518&year=2025&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.