HB1657 establishes a homestead exemption for primary residences of certain persons in Missouri.

HB1657 amends Missouri law to add a new section providing a homestead exemption for primary residences of eligible persons. Eligible persons include residents aged 62 or older receiving Social Security retirement or Supplemental Security Income benefits, or those who can demonstrate that protected income is regularly applied to the primary residence's expenses. The exemption applies to property tax liens, mortgages, deeds of trust, and federally authorized offsets for child support, alimony, or criminal restitution.

HB1657 establishes a homestead exemption for primary residences of certain persons in Missouri.

HB1657 amends Missouri law to add a new section providing a homestead exemption for primary residences of eligible persons. Eligible persons include residents aged 62 or older receiving Social Security retirement or Supplemental Security Income benefits, or those who can demonstrate that protected income is regularly applied to the primary residence's expenses. The exemption applies to property tax liens, mortgages, deeds of trust, and federally authorized offsets for child support, alimony, or criminal restitution.