Establishes definition of assessment value for real property

Missouri Legislative Events

Published January 7th, 2026

Detected April 3rd, 2026

Summary

Missouri House Bill HB2415 passed on January 7, 2026, establishing a statutory definition of 'assessment value' for real property assessment purposes. The bill was sponsored by Rep. Dean Van Schoiack and referred to the Special Committee on Property Tax Reform before passage.

View original document View source feed page

What changed

Missouri enacted HB2415, establishing a statutory definition of 'assessment value' for real property tax assessment purposes. The bill passed the House with bipartisan support and defines terminology that will govern how properties are valued for tax assessment in Missouri.

Counties and local assessors should update assessment procedures and valuation methodologies to align with the newly codified definition. Property owners and tax professionals should monitor for any downstream administrative guidance from the Missouri State Tax Commission implementing the new definition.

What to do next

Review current assessment practices for alignment with new statutory definition
Update valuation methodologies if currently using different definitional standards
Monitor for implementing guidance from the Missouri State Tax Commission

Source document (simplified)

ChangeBridge / Missouri / HB2415 Passed HB2415 House Bill Passed 2026-01-07

Establishes a definition of "assessment value" for real property assessment purposes

Bill Details

State Missouri

Session 2026 Regular Session

Chamber House

Official Source house.mo.gov/Bill.aspx?bill=HB2415&year=20...

LegiScan View on LegiScan

Action History

2026-04-02 H Reported Do Pass (H) - AYES: 9 NOES: 1 PRESENT: 1 2026-04-02 H Voted Do Pass (H) 2026-04-02 H Executive Session Completed (H) 2026-03-25 H Referred: Rules - Administrative(H) 2026-03-12 H HCS Reported Do Pass (H) - AYES: 14 NOES: 2 PRESENT: 0 2026-02-17 H HCS Voted Do Pass (H) 2026-02-17 H Executive Session Completed (H) 2026-02-03 H Public Hearing Completed (H) 2026-01-15 H Referred: Special Committee on Property Tax Reform(H) 2026-01-08 H Read Second Time (H) 2026-01-07 H Read First Time (H) 2025-12-15 H Prefiled (H)