MO SB557

Repeals and reenacts sections 67.1421, 67.1461, 67.1531, and 67.1541 of Missouri Revised Statutes relating to community improvement districts.

Removes references to business license taxes in county seats of first-class counties with populations of at least 200,000 that lack charter forms of government.

Clarifies that home rule cities with over 400,000 residents located in multiple counties may file petitions to establish districts in portions of the city located in first-class counties with 200,000-260,000 residents, limited to real property tax funding.

Establishes procedures for petition filing, requiring signatures from property owners collectively owning more than 50% by assessed value and more than 50% per capita of all property owners within proposed district boundaries.

Requires qualified voter approval by mail-in ballot before districts may levy real property taxes or business license taxes, with districts able to levy lower rates without additional voter approval up to approved maximum rates.