STATE TAX COMMISSION

Missouri House of Representatives
94th General Assembly, 2nd Regular Session (2008)
Bills Indexed by Subject
STATE TAX COMMISSION

: Changes the laws regarding the Missouri Homestead Preservation Act

: Changes the laws regarding property tax rates

: Requires a certificate of value to be recorded at the time of the sale of the property

: Phases out the personal property tax on motor vehicles

: Establishes the Predictable Property Tax Act which changes the procedures for imposing real property taxes

: Changes the laws regarding property taxation

: Changes from two to five years the cycle for determining the assessed valuation of real property in St. Louis County

: Requires counties to accept quarterly payments of real and personal property taxes

: Specifies the true value for assessment purposes of possessory interests in property on or adjacent to certain commercial airports and authorizes a tax credit for expenses to improve certain stock

: Allows a property owner to consider the final assessed valuation after an appeal on real property as an offer by the taxing authority to purchase the property

: Exempts residential property owned by individuals 62 years of age or older from certain increases in assessed valuation

: Repeals the requirement that owners of rental and leasing facilities provide personal property lists of the property located at their facilities to the county assessor where the properties are located

: Changes the laws regarding the Missouri Homestead Preservation Act

: Changes the laws regarding the Missouri Homestead Preservation Act and property taxation

: Lowers the assessment percentage for personal property taxation purposes on vehicles necessary for transporting physically disabled individuals from 33.3% to 12%

: Increases the rate certain counties are authorized to impose on agricultural and horticultural property for a special road rock fund tax

: Changes the requirement determining which counties must withhold 1% of all property taxes to be deposited into the county's assessment fund

: Exempts personal and residential property owned by certain taxpayers 65 years of age or older from increases in assessed valuation and limits increases in their personal and property tax

: Proposes a constitutional amendment freezing all real property valuations and tax rates until the sale or transfer of the property or a voter-approved rate increase

: Proposes a constitutional amendment altering the rollback requirement for the Hancock Amendment

: Proposes a constitutional amendment requiring any replacement tax levy for loss in revenue from the exemption of certain personal property of manufacturers to be adjusted according to the Constitution

: Proposes a constitutional amendment capping the increase in any individual parcel of property at 5% per reassessment period, unless the property is transferred

: Proposes a constitutional amendment exempting from taxation the personal property of residents who are on active military duty

: Proposes a constitutional amendment exempting all real and personal property of a former prisoner of war who has a total service-connected disability from property taxation

: Proposes a constitutional amendment limiting an individual's real property tax to the current amount with an allowance for increases in the federal Consumer Price Index

: Proposes a constitutional amendment changing the rollback requirement for the Hancock Amendment

SB 711 --- Sponsor: Gibbons, Michael R.
: Modifies provisions regarding property taxation

Missouri House of Representatives
Last Updated May 27, 2008 at 4:57 pm