HB 506 -- Homestead Exemption for the Elderly and Disabled in St.
Louis County

Sponsor:  Bivins

Beginning January 1, 2008, this bill authorizes an exemption in
St. Louis County for any increases in the assessed valuation of a
homestead owned at least five years by a taxpayer who is 65 years
of age or older or is disabled and has a household income of
$70,000 or less in the year before the first year of the claimed
exemption.  The exemption will end when the owner dies, moves,
sells the homestead property, or notifies the county assessor
that his or her homestead no longer qualifies.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:19 am