Bill > SB853

This bill modifies property tax assessment notification and appeals processes in Missouri, primarily changing deadlines and expanding required information for property owners. The bill shifts the deadline for filing property tax assessment appeals from the second Monday in July to the first Monday in August, giving property owners slightly more time to contest their property valuations. For counties with a charter form of government, the bill requires assessors to provide more comprehensive information when notifying property owners about valuation increases, including a projected tax liability statement. This notification must now include details such as the names of all political subdivisions levying taxes on the property, their tax rates, rate ceilings, contact information, and the total projected property tax liability. Additionally, for certain counties with over one million inhabitants, assessors must provide website information where property owners can access detailed assessment method and valuation computation information. The bill aims to improve transparency in the property tax assessment process by ensuring property owners receive more detailed and timely information about potential changes in their property's assessed value and corresponding tax implications.

Budget and Finance

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=269