HB 2130 -- Missouri Homestead Preservation Act

Sponsor:  Portwood

This bill removes the age requirements for the Missouri Homestead
Preservation Act exemption and sets the exemption limit at 2.5%
for homesteads of all eligible owners in any year.  Currently,
the 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.

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

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:45 am