Bill > SB987

This bill modifies provisions related to property tax appeals and classifications by establishing new procedures and protections for property owners. The bill allows property owners to appeal property assessments to the state tax commission within specified timeframes, giving them the right to challenge valuation methods, assessment accuracy, and discriminatory classifications. If an assessor classifies property in a way that conflicts with a previous determination by the state tax commission or a court, the taxpayer can be awarded costs of appeal and reasonable attorney's fees. Additionally, the bill introduces a new provision that if a taxpayer does not receive these costs and fees in a decision made on or after January 1, 2024, they can initiate a legal action against the assessor to recover the costs, attorney's fees, and potentially receive damages equal to 10% of the property's original assessed value. The bill also outlines the commission's authority to investigate appeals, request information from property owners, and make decisions based on inquiries and evidence presented. Furthermore, it specifies procedures for appealing to circuit courts and transferring appeals between judicial and tax commission channels, with requirements for notifying county collectors about ongoing property tax disputes.

Labor and Employment

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=256