The civic record
Read. Follow. Verify.Missouri Senate proposes constitutional amendment to cap residential property tax assessment increases at 2% or inflation starting in 2027
Last action · February 5, 2026: Second Read and Referred S Select Committee on Property Taxes and the State Tax CommissionSponsor: Joe Nicola
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What This Bill Would Do
Missouri voters will decide on a at the November 2026 election to limit future increases in the assessed value of residential real property. Beginning January 1, 2027, assessment increases would be capped at the change in the or 2% annually, whichever is lower, excluding increases due to new construction or improvements.
Residential property owners across Missouri face a constitutional limit on how much their property's assessed value can rise during reassessments, directly altering local tax calculations and revenue growth for local governments.
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Residential property owners
Their residential real property assessment increases will be limited to the Consumer Price Index or 2% annually, whichever is less.
Voters of Missouri
They will decide whether to adopt or reject the constitutional amendment at the statewide election.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
When would this property tax assessment limit take effect?
Does the 2% cap apply if I build an addition on my home?
What else do you want to know?
News Coverage
Check Your Understanding
1.According to bill version 6467S.01I, how is an increase in the assessed valuation of residential real property limited during a new assessment or reassessment?
2.According to Senate Joint Resolution No. 113 (6467S.01I), how must assessing authorities treat the true value of residential real property beginning January 1, 2027?
Follow the record
Votes, people, money & the original sourceWhere This Stands
Currently in committee. The next step in the legislative lifecycle is Floor Vote.
Procedural history
2 actions- Feb 5, 2026SenateFloorSecond Read and Referred S Select Committee on Property Taxes and the State Tax Commission
- Jan 7, 2026SenateIntroducedS First Read
Version history
Only one version on file - nothing to compare yet. The text on record is the 6467S.01I - Introduced version. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Connected Entities
Sources
www.senate.mo.gov
Analysis Score
0–100- Significance85How much this matters to a regular citizen
- Controversy60Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz40Current news / social attention level
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