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MO SB248
Bill
AI Summary
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Establishes neighborhood improvement districts (NIDs) through either voter approval or petition signed by owners of at least two-thirds of property area, with final costs capped at 25% above estimated costs.
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Requires recording of a document with the recorder of deeds before any assessment or lien can be imposed after August 28, 2013, identifying property owners, the governing body, legal description, and the creating resolution or ordinance.
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Modifies tax deed requirements to include title search reports from licensed attorneys or title companies, with notice by first and certified mail to owners and lienholders at least 90 days before deed issuance.
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Changes recorder fees for tax certificates from fixed amounts (50 cents per certificate, 25 cents per assignment) to the actual cost charged by county recorders, and removes witness requirement for county collector tax deeds.
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Clarifies that community improvement district special assessments may be collected with real estate taxes and foreclosed like tax liens under chapter 140 or 141 depending on county procedures.
Legislative Description
Modifies provisions relating to neighborhood improvement districts and delinquent property taxes
Last Action
Signed by Governor
7/1/2013