MO HB2869

Creates the "Missouri Disabled Veteran Homestead Tax Credit Act" allowing counties to grant property tax credits to veterans with 100% permanent and total service-connected disability ratings from the VA, effective for tax years beginning January 1, 2027

Counties must opt in by majority vote of their governing body; eligible veterans must also opt in by notifying the local collector's office to receive the credit

Qualified residences must have assessed values not exceeding $500,000 (adjusted annually for inflation) and serve as the veteran's primary residence on no more than five acres

Credit amount equals a percentage of property taxes (up to 100%) as determined by each county, and transfers to surviving spouses who maintain the residence and do not remarry

Credits are non-refundable, non-transferable, cannot be carried forward, and recipients are ineligible for other property tax relief programs under chapters 135 or 137