Bill > HB2178

This bill modifies provisions governing property taxation in Missouri by introducing new requirements for ballot measures related to property taxes, including how they are labeled and the specific information that must be included in the ballot language to inform voters about potential tax increases and their impact on different property types. It also revises definitions for property classifications, such as "residential property" and "agricultural and horticultural property," and establishes new procedures for property assessment and reassessment, including limitations on how much assessed values can increase in a single period and requirements for physical inspections of properties when valuations are significantly raised. Furthermore, the bill enhances transparency by requiring assessors to provide detailed information about their assessment methods and computations on their websites, and it clarifies the burden of proof in property tax appeals, often placing it on the assessor, especially when valuations increase significantly or when physical inspections are required. The bill also includes provisions for awarding attorney fees and costs to taxpayers in certain successful appeals and modifies procedures for protesting taxes and receiving refunds, including interest on impounded taxes that are disbursed to taxing authorities before a final decision.

Budget and Finance, Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB2178&year=2026&code=R