Bill > SB725

This bill modifies provisions related to property tax delinquency by amending Section 140.100 of Missouri Revised Statutes. Currently, each tract of land in the back tax book is charged a penalty of 18% for each year of delinquency, with a cap of 2% per month for lands redeemed before sale. The key change introduces discretionary authority for tax collectors to waive all or part of the interest and penalties on delinquent taxes if the collector determines there is "good cause" to do so. The bill also maintains existing provisions regarding fees for collectors and clerks for making, recording, and authenticating delinquent land lists, which include a base fee of ten cents per tract or lot and an additional five dollars per tract or lot in certain counties, with these fees being paid into the county employees' retirement fund. This modification provides tax collectors more flexibility in handling delinquent property tax situations while maintaining the existing fee structure for administrative processes.

Government Affairs

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=5507396