MO HB2306

Creates the "Missouri Disabled Veterans Homestead Exemption" providing property tax exemptions on primary residences for veterans with VA-certified service-connected disabilities of at least 30%, effective January 1, 2027

Exemption amounts increase with disability rating: $10,000 assessed value (30-49% disability), $50,000 (50-69%), $150,000 (70-89%), $250,000 (90-99%), and $500,000 (100% disability)

Eligible veterans must be Missouri residents with honorable discharge who served in the U.S. Armed Forces, Missouri National Guard, or U.S. Reserve Forces, and must own and occupy the property as their primary residence

Surviving spouses retain the exemption at the veteran's disability rating level as long as they hold title to the home, permanently reside there, and do not remarry

Applications must be submitted to local assessors by April 1st each year with VA disability documentation and proof of ownership/occupancy