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House approves bill to cap home assessments at most recent sale value (opt-in)
2813701 · March 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
After adopting a transparency amendment, the House perfected a bill that would allow homeowners to opt in to a rule capping assessed value at the most recent sale price as of Jan. 1, 2026.
The Missouri House perfected and ordered printed House Bill 7 80, a measure that would let qualifying homeowners opt in to a rule that ties assessed value to the property's most recent sale price.
The Gentleman from Greene, the bill sponsor, told the chamber the measure is aimed at homeowners facing sharply rising assessments. "No property can be assessed for…
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