Summary of the Introduced Bill

HB 1808 -- Missouri Homestead Preservation Act

Sponsor:  Portwood

Currently, the state homestead exemption is 5% in years when
there is a general reassessment of property values and 2.5% in
years when there is no reassessment.  This bill sets the
exemption limit at 2.5% for homesteads of all eligible owners in
any year.

The provisions of the bill will expire six years from the
effective date.

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:44 am