WeVote
Log In

Bill

RF

Bill

HB 2672

Establishes the "Missouri Disabled Veterans Personal Property Tax Credit Act", authorizing counties to adopt a personal property tax credit for certain disabled veterans who own up to two motor vehicles

2026 Regular Session Introduced by Ron Fowler and 6 co-sponsors

Missouri bill allows counties to voluntarily grant personal property tax credits to disabled veterans on up to two motor vehicles, with implementation and revenue impact varying by county.

HCS Reported Do Pass (H) - AYES: 16 NOES: 1 PRESENT: 0
#counties #countyofficials #disabilities #property #realandpersonal #statetaxcommission #taxcredits #taxationandrevenue-property #veterans
0
WeVote Research Nonpartisan
Bill Summary · HB 2672

Legislative bill overview

HB 2672 creates an optional personal property tax credit that Missouri counties can voluntarily adopt to reduce or eliminate personal property taxes on up to two motor vehicles owned by disabled veterans. The bill establishes eligibility criteria and gives counties discretion to implement the program locally rather than mandating a statewide requirement.

Why is this important

Disabled veterans face ongoing financial pressures, and property taxes represent a significant annual burden. This bill offers targeted tax relief while respecting local government autonomy, though its actual impact depends entirely on whether individual counties choose to adopt the credit. The measure reflects broader policy recognition of veterans' service-related sacrifices.

Potential points of contention

  • Revenue loss uncertainty: Counties that adopt the credit will experience reduced tax revenue with unclear offsetting funding sources, potentially affecting local services unless other revenue adjusts
  • Disparate implementation: The optional nature means eligible disabled veterans will receive different benefits depending on county of residence, creating inequity within the state
  • Definition and verification scope: The bill's eligibility criteria for "disabled veterans" and verification mechanisms are not detailed in the summary, which could affect administrative complexity and costs

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.