MO HB128

Requires county revenue collectors to mail property tax statements at least 30 days before the delinquent date, with option to transmit electronically, and allows collectors to refuse payment without the statement.

Waives penalties and interest on property taxes when the county fails to mail statements at least 30 days before the delinquent date and taxpayer pays within 15 days of mailing or the delinquent date, whichever is later.

Allows taxpayers to request refunds of penalties, interest, or taxes from the county commission if the county made an error or omission in determining taxes owed, with approval required within 30 days.

Excludes certain tax revenues from tax increment financing redevelopment projects, including taxes for emergency communication systems (for projects approved after August 28, 2013) and taxes for metropolitan park and recreation districts.

Adds a new apportionment method for corporations to compute Missouri taxable income based solely on the purchaser's destination point for tangible property sales, as an alternative to the existing method.