Missouri HJR151 proposes a constitutional amendment to allow a personal property tax exemption.
Missouri HJR151 proposes a constitutional amendment to allow a personal property tax exemption. The amendment would exempt household goods, furniture, wearing apparel, and articles of personal use and adornment owned and used by a person in their home. The amendment also allows for restitution to political subdivisions for lost revenues due to the exemption. The amendment would be subject to voter approval.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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