MO HB1287

Removes the existing ten mills on the dollar cap for levee district taxes assessed on benefitted lands within the district

Authorizes levee district boards of directors to levy new or increased taxes on all lands, railroads, and other property in the district when necessary to carry out district objectives or pay for replacing, repairing, or reconstructing levee works and improvements

Requires entities acquiring land through flood damage buyouts to satisfy in full any outstanding liens against the property at the time of purchase, with liens capped at each parcel's proportional liability to outstanding bond issues

Establishes new procedures requiring boards to annually determine and certify tax installments to county revenue collectors before November 1st of each year

Creates a standardized "levee tax book" format with specific columns for property owners, descriptions, installment taxes, maintenance taxes, and collection records