MO HB1420

Allows collectors of revenue to refuse tax payments not accompanied by the required property tax statement, without relieving the taxpayer of interest and penalties on overdue taxes.

Changes application of payments for delinquent personal and real property taxes, requiring collectors to apply payments first to the oldest delinquent taxes before accepting current year payments.

Requires county collectors to send notices to property owners before delinquent tax sales, with first class mail required for all properties and certified mail required only for properties with assessed value over $1,000.

Establishes a three-tier tax sale system: first and second offerings require one-year redemption periods, third offerings allow ninety-day redemption periods, and post-third year sales allow immediate deed issuance with no redemption period.

Requires purchasers at tax auctions to obtain title searches and notify owners and lienholders of redemption rights at least ninety days before acquiring deeds, with failure to comply resulting in loss of purchaser's interest in the property.