MO HB2672

Counties may authorize a personal property tax credit for disabled veterans with a VA disability rating of 70% or greater, effective for tax years beginning January 1, 2027

Credit applies to up to two motor vehicles titled in the veteran's name (or jointly with spouse) and used for personal, noncommercial purposes

Credit percentage equals the veteran's disability rating (e.g., 80% disabled = 80% credit on qualified tax liability), with counties able to set uniform rates or tiered schedules

Credits are non-refundable, non-transferable, and cannot be carried forward; taxes for the blind pension fund remain excluded from the credit

County adoption is voluntary and does not affect assessed valuations, tax levies, or bonded indebtedness calculations