MO HB613

County collector fee thresholds increased from $2 million to $3 million for determining when the 1% collection fee rate applies versus the 2.5% rate on amounts over $350,000

Counties abolishing township organization must continue collecting road and bridge property taxes at the lowest former township rate for one calendar year or until voters approve a new levy

Short-term rental equipment (rentals under 365 days) held by rental companies and intended for eventual sale is classified as inventory and exempt from ad valorem property taxes

Properties with federal or state housing restrictions (Section 42 tax credits, HUD HOME program, USDA Rural Development) must be assessed using an income-based approach with direct capitalization methodology

Tax sale purchasers must obtain collector's deed within 18 months (reduced from 2 years) and may enter property without trespass liability to provide tax sale or redemption notices