Bill > HB999

This bill modifies Missouri state law by adding a new section to Chapter 138 that provides the State Tax Commission with enhanced enforcement mechanisms when a county fails to comply with an order to modify or equalize assessed property valuations. Under the new provisions, when the Commission issues an order requiring a county to adjust its valuations, the county will have up to 90 days (60 days initially, with a possible 30-day extension) to implement the changes. If a county does not comply within this timeframe, the Commission can direct the Department of Revenue to withhold up to 100% of the county's local sales and use tax revenues. The bill requires the Commission to provide notice to the non-compliant county and includes a process for the county to cure its non-compliance and have the withheld funds released. Counties that believe the Commission's determination is incorrect can seek judicial review within 30 days, and if the court finds an error, the withheld funds must be returned with interest. The withheld funds will be deposited in a newly created "County Assessment Noncompliance Trust Fund" and will not be considered state funds. The bill also authorizes the Commission to create rules and regulations for implementing these new provisions, with the rules subject to legislative review and potential disapproval.

Budget and Finance, Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB999&year=2025&code=R