Summary of the Introduced Bill

HB 1930 -- Penalties and Interest on Delinquent Taxes

Sponsor:  Hubbard

This bill changes the minimum rate of interest that can be
charged on delinquent real property taxes from 1% to 2% per month
and the maximum rate from 10% to 18% per year.  The prime rate
limitation is also removed.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:45 am