MO HB2784

Increases the annual flight hour limit for aircraft at least 25 years old to qualify for the reduced 5% property tax assessment rate from 50 hours to 250 hours per year, provided the aircraft is used solely for noncommercial purposes

Raises the maximum certified gross take-off weight threshold defining "commercial aircraft" from 3,000 pounds to 12,500 pounds, effectively reclassifying many smaller aircraft as non-commercial for tax purposes

Amends RSMo sections 137.115 (property assessment) and 155.010 (aircraft definitions) to implement these changes

Clarifies that "commercial aircraft" must be used by a company or individual that transports passengers or cargo for compensation or hire