Modifies provisions relating to property tax assessments
- Introduced Jan 28, 2025
- In committee Mar 3, 2025
- Died
- Passed the House
What it does
The legislature's own summary of the bill, or its official long title.
SJR 54 - This constitutional amendment, if approved by the voters, provides that, beginning January 1, 2027, the assessed value of residential real property shall be the most recent assessment. For all subsequent reassessments of such residential real property, the assessed value shall not increase while the owner or owners continue to own such property. Residential real property that is purchased, newly…
Read the full title (176 words)
SJR 54 - This constitutional amendment, if approved by the voters, provides that, beginning January 1, 2027, the assessed value of residential real property shall be the most recent assessment. For all subsequent reassessments of such residential real property, the assessed value shall not increase while the owner or owners continue to own such property. Residential real property that is purchased, newly constructed, or undergoes a change in ownership shall be reassessed at its true value in money as provided by law, after which the assessed value of such property shall not increase while the new owner or owners continue to own such property. The assessed value of residential real property shall reflect the value added to the property as a result of new construction or improvements, as described in the act. This amendment is identical to SJR 50 (2025), is substantially similar to SJR 34 (2025), HCS/HJR 4 (2025), HJR 86 (2025), HJR 89 (2025), SJR 90 (2024), and HCS#2/HJR 78 (2024), and is similar to HJR 85 (2024), HJR 120 (2024), HJR 184 (2024).
Every action
2 steps, oldest first, as the legislature records them.
- SenateS First Read
- CommitteeSecond Read and Referred S Economic and Workforce Development Committee · Senate Economic and Workforce Development
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
Joe NicolaR Primary sponsor · District 11
From Missouri's official records (www.senate.mo.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.