All Roll Calls
Yes: 22 • No: 7
MissouriSB32025 1st Extraordinary SessionSenateWALLET
Modifies provisions relating to taxation
Sponsored By: Kurtis Gregory (Republican)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
6 provisions identified: 4 benefits, 0 costs, 2 mixed.
County homestead tax relief
By the April 2026 municipal election, each county must put a homestead property-tax credit question to voters. If a majority approves it, eligible residents receive a credit based on the difference between current property taxes and the 2024 starting amount. In five-percent counties, the starting amount can rise by up to 5% a year or the change in consumer prices, whichever is greater; in zero-percent counties, it cannot rise above the starting amount. New construction, improvements, annexation, and voter-approved new or higher levies affect the calculation as specified by the law. You cannot claim this credit and the existing state homestead credit for the same home.
Disaster deductible tax help
For tax years beginning in 2025, you can claim a nonrefundable Missouri tax credit of up to $5,000 for a qualifying 2025 disaster insurance deductible. Your Missouri home must be your main residence, and you must have lived there for more than half the year. The governor must have requested a presidential disaster declaration, and a Missouri-licensed insurer must have paid the claim. You must file a signed affidavit with your tax return; you can transfer or sell the credit or carry it forward for up to 29 years. State redemptions are capped at $90 million for the year ending June 30, 2026, then $45 million yearly through June 30, 2055; no new credits can be authorized after October 15, 2026.
Tax credits for sports facility donors
The Missouri Development Finance Board can approve a tax credit equal to 50% of a money or property contribution to a qualifying sports-facility fund. Total credits for a project cannot exceed the lesser of 10% of private investment or $50 million. Credits can be issued over up to three calendar years, carried forward for up to five years, and sold or transferred. A project receiving these credits cannot also receive credits under the other specified facility-credit program.
State support for major sports facilities
Missouri can support projects for Major League Baseball or National Football League facilities with more than 30,000 seats and costs of at least $500 million. State spending requires an appropriation, cannot exceed the facility's baseline-year state tax revenues each year, and can last no more than 30 years. State-supported bond proceeds cannot exceed 50% of project costs, and officials must find that local public investment can support project needs. If a team or covered facility moves out of state during the agreement, owners must repay specified state spending, bond debt, and related credits; separate repayment rules apply to certain defaults within five years after a lease ends.
Sporting event credits expand and shrink
Starting July 1, 2026, eligible events receive $6 per ticket sold or $12 per registered participant, based on actual counts submitted within 90 days. The yearly event-credit limit rises from $3 million to $6 million, with a $5.5 million limit for events in certain large counties and independent cities. Donors can give cash, publicly traded stocks or bonds, or real estate; donation credits equal 50% of eligible gifts, but their yearly cap falls from $10 million to $500,000. Event credits cannot be transferred; donation credits follow separate transfer rules. Missouri can certify event contracts through August 28, 2032, but the programs end that day unless renewed; most site selections must include an out-of-state bid, with an exception for certain neutral-site college games.
Committee funds can cover officials' legal fees
A committee can use its contributions to pay reasonable legal fees for an elected official defending a case tied to official duties under the facility law. The law does not require households to pay those fees.
Sponsors & Cosponsors
Sponsor
Kurtis Gregory
Republican • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 6/11/2025
Reported Do Pass
Yes: 5 • No: 2
House vote • 6/10/2025
Reported Do Pass
Yes: 11 • No: 2 • Other: 1
House vote • 6/10/2025
Reported Do Pass
Yes: 6 • No: 3
Actions Timeline
Delivered to Secretary of State (G)
6/16/2025Approved by Governor (G)
6/14/2025Signed by House Speaker
6/11/2025HouseHouse Message
6/11/2025HouseTruly Agreed To and Finally Passed
6/11/2025Title of Bill - Agreed To
6/11/2025Taken Up for Third Reading
6/11/2025HouseReported Do Pass - AYES: 5 NOES: 2 PRESENT: 0
6/11/2025HouseVoted Do Pass
6/11/2025HouseExecutive Session Completed
6/11/2025HouseReferred: Fiscal Review
6/10/2025HouseReported Do Pass - AYES: 6 NOES: 3 PRESENT: 0
6/10/2025HouseVoted Do Pass
6/10/2025HouseExecutive Session Completed
6/10/2025HouseReferred: Rules - Administrative
6/10/2025HouseReported Do Pass - AYES: 11 NOES: 2 PRESENT: 1
6/10/2025HouseVoted Do Pass
6/10/2025HouseExecutive Session Completed
6/10/2025HousePublic Hearing Completed
6/10/2025HouseReferred: Economic Development
6/10/2025HouseRead Second Time
6/10/2025HouseReported to the House and First Read
6/9/2025House
Bill Text
Truly Agreed to and Finally Passed
6/11/2025
Introduced
Perfected
Senate Committee Substitute