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Post details: Missouri --Personal Income, Property Taxes: Legislation Enacts Tax Rate Rollbacks, Changes Assessment Procedures
07/03/08
Missouri --Personal Income, Property Taxes: Legislation Enacts Tax Rate Rollbacks, Changes Assessment Procedures
CCH (cch.taxgroup.com) reports:
Legislation has been enacted that modifies Missouri property tax laws by requiring tax rate rollbacks by all political subdivisions in reassessment years, changing the way voter-approved tax increases are applied to assessed values, and changing the time line for the assessment of property taxes and appeal procedures. Provisions of the personal income tax property tax credit and the property tax homestead exemption have also been amended.
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