MO SB1211

Removes the exclusion of township counties from the law allowing county governing bodies to offer flexible property tax payment schedules (annual, semiannual, or quarterly)

County governing bodies may establish ordinances allowing taxpayers to pay current real and personal property taxes in installments, with payment amounts estimated based on the previous year's tax liability

Counties must refund any overpayments to taxpayers 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 unpaid installments if a taxpayer fails to make scheduled payments

Financial institutions paying property taxes from escrow accounts are exempt from the installment payment provisions