Authorizes counties to adopt a real property tax exemption for taxpayers sixty-two years of age and older who own a homestead

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Plain-English Summary

This bill allows counties in Missouri to offer a full property tax exemption on homesteads for eligible owners starting in 2027. To qualify, an individual must be at least 62 years old, own the residential property used as their primary home, and be responsible for paying its property taxes. If a county adopts this exemption, eligible owners would not be able to receive other property tax relief or credits for their homestead.

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R · PrimeMike Jones

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