MACON, Mo. — Residents of Macon County will head to the polls on April 7, 2026, to vote on a proposed Homestead Real Estate Tax Credit. If approved, the measure would limit property tax increases on primary residences.
The ballot question asks voters whether the county should exempt eligible taxpayers from certain tax increases on their primary homes above the liability incurred during an “initial credit year”. Under this program, tax liability would not increase more than 5% per year or the percent increase in the Consumer Price Index, whichever is greater.
Key Details of the Proposal:
Eligibility: The credit applies only to primary residences and does not cover rental properties, commercial land, or second homes.
Limitations: The credit will not apply to new construction, property improvements, or voter-approved levies and bonded indebtedness.
Application Required: Participation is voluntary and requires an approved application each year; enrollment is not automatic.
Potential Impact: If passed, the credit could reduce revenue for local school districts, fire districts, and other taxing entities, potentially requiring budget adjustments.
Voters should also note that the program is distinct from the existing Senior Property Tax Credit. While some may qualify for both, they cannot receive credits from both programs simultaneously. Additionally, ongoing lawsuits regarding the constitutionality of the authorizing state legislation (Senate Bill 3) could affect the final implementation of the credit.
If approved, the county anticipates the credit would be implemented no later than the 2027 tax year. For further information, residents can contact the County at 660-395-9053.