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Missouri · 2026 Regular Session · Bill

SB 1118: Modifies provisions relating to personal property assessments

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 1118 is a bill introduced in the Missouri Senate on December 1, 2025. According to its official title, it concerns: Modifies provisions relating to personal property assessments. Primary sponsor: Travis Fitzwater. Most recent recorded action (January 15, 2026): Second Read and Referred S Local Government, Elections and Pensions Committee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

SB 1118 - This act modifies provisions relating to personal property assessments. PERSONAL PROPERTY NEW CONSTRUCTION For the purposes of calculating the amount of assessed valuation of personal property, current law provides that the definition of new construction and improvements is the aggregate increase in valuation of personal property for the current year over that of the previous year. This act provides that, beginning January 1, 2028, new construction and improvements shall not include increases in the aggregate assessed valuation of personal property. (Section 137.073) This provision is substantially similar to SB 409 (2023) and HB 754 (2023). PERSONAL PROPERTY ASSESSMENT RATE Current law requires personal property to be assessed at 33.3% of its true value in money. This act reduces such assessment rate to 30%. (Section 137.115.1) This act is substantially similar to SB 264 (2025). JOSH NORBERG

Sponsors

NameRolePartyChamberDistrict
Travis FitzwaterPrimary sponsorNot applicable (committee)——

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Second Read and Referred S Local Government, Elections and Pensions Committee
  2. S First Read
  3. Prefiled

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source