Loading chat...

MO HB2099

Bill

Official Source

Status

Introduced

2/10/2010

Primary Sponsor

Larry Wilson

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Reduces the penalty on delinquent land taxes from 18 percent to 12 percent per year of delinquency
  • Reduces the maximum penalty on lands redeemed prior to sale from 2 percent to 1 percent per month or fractional part thereof
  • Maintains existing provision that cities not within a county operating under section 141.970, RSMo may charge penalties up to the prime rate for delinquencies occurring after January 1, 2000
  • Preserves compensation for tax collectors and clerks at 10 cents per tract or lot for the collector and 5 cents per tract or lot for the clerk's comparison and authentication work

Legislative Description

Reduces the maximum interest rate that may be charged on delinquent property taxes

Last Action

Referred: Ways and Means (H)

5/14/2010

Committee Referrals

Ways And Means5/14/2010

Full Bill Text

No bill text available