Missouri House Gives Initial Approval to Proposed Constitutional Amendment Involving Senior Citizens and Property Taxes
April 27, 2021 6:39AM CDT
Legislation aimed at helping seniors to truly own their home has received initial approval from the Missouri House, by a voice vote. Buckner GOP State Representative Bill Kidd is sponsoring the proposed constitutional amendment, and says many seniors face a choice of selling their home because of property taxes and living on a fixed income:
If Missouri lawmakers AND voters approve it, the constitutional amendment would authorize a tax exemption phased in at 20 percent increments over five years to equal 100 percent of the amount of real property tax paid on a senior’s primary home.