HB3078

Missouri HB3078 provides local property tax credits for disabled veterans.

Missouri HB3078 allows counties to grant annual real property tax credits for the qualified residence of disabled veterans. The credit is optional for both the county and the eligible owner. The credit amount is determined by the county and can be up to 100% of the tax liability on the residence. The credit does not reduce assessed valuation or affect the tax rate setting process. The property must be the primary residence and not rented out for more than six months. The credit cannot be transferred, assigned, or sold and is not refundable.