MO SB843

Repeals and reenacts sections 135.010 and 135.025, RSMo, relating to the property tax credit program.

Establishes eligibility requirements allowing claimants age 65 or older, 100% disabled veterans, disabled persons, or those age 60+ receiving surviving spouse Social Security benefits to claim the property tax credit.

Defines "rent constituting property taxes accrued" as 20% of gross rent paid by a claimant and spouse in the calendar year.

Caps the property tax credit calculation at $750 for rent constituting property taxes or $1,100 for actual property taxes paid on homesteads.

Clarifies that landlords are not required to have property tax liability for tenants to claim credits for rent constituting property taxes accrued.