MO HB3171

Repeals Section 137.280, RSMo, which imposed penalties ranging from $15 to $105 on taxpayers who failed to submit personal property assessment lists to the county assessor by March 1st

Eliminates the requirement for assessors to send second notices between March 1st and April 1st to taxpayers who had not returned assessment lists

Removes the tiered penalty structure that was based on assessed property valuation, with penalties increasing in $10 increments for each $1,000 of assessed value

Modifies Section 50.1020 to remove the reference to Section 137.280 penalties being deposited into the county employees' retirement fund, leaving only Section 137.345 penalties for that purpose

County assessors must still maintain logs reflecting assessment notices sent, unreturned property lists, penalties waived, and reasons for waivers under the amended Section 50.1020