MO SJR89

Proposes a constitutional amendment to be voted on in the November 2026 general election that would freeze property tax assessments for owner-occupied primary residences beginning January 1, 2027

Prohibits increases in assessed valuation of residential property maintained as a primary residence as long as the current owner continues to own the property

Allows reassessment at full market value when property is purchased, newly constructed, or undergoes a change in ownership, after which the new assessed value becomes frozen for the new owner

Permits assessed valuation increases only to reflect value added from new construction or improvements made to the property as determined by the county appraisal system

Amends Section 4(b) of Article X of the Missouri Constitution, which governs property classification and assessment percentages for tax purposes