HB 993 -- Assessment of Property

Sponsor:  Dougherty

This bill authorizes a homestead exemption for purposes of real
property taxation for taxpayers who have reached the age of 62
years or older.  The homestead exemption amount will be any
future increases in assessed valuation on the homestead from the
year the taxpayer reaches the age of 62 or the effective date of
the bill, whichever is later.

The qualified taxpayer must file an affidavit with the county
assessor verifying the age of the homeowner.

The bill has an effective date of January 1, 2005.

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am