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MO HB1954
Bill
Status
Introduced
2/2/2010
Primary Sponsor
Joe Smith
Click for details
AI Summary
- Repeals and replaces section 140.100, RSMo regarding penalties for tax-delinquent lands
- Reduces maximum penalty on delinquent property taxes in Missouri counties from 18% to 9% for delinquencies occurring after January 1, 2011 but before January 1, 2014
- Exemption applies to all counties in the state excluding any city not within a county (St. Louis City)
- Maintains existing 2% per month maximum penalty for lands redeemed prior to sale
- Preserves existing fee structure of 10 cents per tract or lot for collectors and clerks for creating delinquent land lists
Legislative Description
Lowers the maximum penalty on delinquent property taxes in all counties except St. Louis City from 18% to 9% until January 1, 2014
Last Action
Referred: Tax Reform (H)
5/14/2010
Committee Referrals
Tax Reform5/14/2010
Full Bill Text
No bill text available