MO HB1906

Removes the exclusion for township counties, allowing all Missouri counties to offer flexible property tax payment schedules (annual, semiannual, or quarterly) at the taxpayer's option

Payment estimates are based on the previous tax year's liability, divided by the number of payment periods selected by the taxpayer

Counties must refund overpayments at year-end but are not required to pay interest on excess amounts; refunds are limited to once per calendar year

Counties may charge interest on remaining balances if a taxpayer misses an installment payment

Financial institutions paying property taxes from escrow accounts are excluded from the flexible payment options