MO SB1066

Single-family homes leased for less than 30 consecutive days (short-term rentals) owned by sole proprietors, individuals, partnerships, or LLCs that are subject to sales tax must be classified as residential property for tax assessment purposes

Short-term leasing of a single-family home for less than 30 consecutive days does not, by itself, constitute "transient housing" under Missouri tax law

Amends Section 137.016, RSMo, which defines property classifications under Article X of the Missouri Constitution for property tax purposes

The change affects how short-term rental properties like vacation rentals are taxed, ensuring they maintain residential property classification rather than being reclassified as commercial/transient housing