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MO SB1521

Bill

Status

Introduced

1/7/2026

Primary Sponsor

Joe Nicola

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Requires county assessors to notify property owners of increased valuations on or before June 15th, including the previous assessed value and information about appeal processes and deadlines

  • Mandates that during general reassessment years, counties must provide property owners with a projected tax liability notice alongside the assessment increase notification

  • Projected tax liability notices must include: owner information, list of all taxing political subdivisions, projected and previous tax rates for each levy, tax rate ceilings, and contact information for each taxing entity

  • Requires assessors to disclose on their website the specific assessment method, basis of value computation, and any third-party documents or data relied upon in calculating assessed value

  • Applies to counties with charter forms of government immediately, with other counties phased in after the State Tax Commission provides necessary implementation software

Legislative Description

Modifies provisions relating to notifications for increased property assessments

Last Action

Second Read and Referred S Select Committee on Property Taxes and the State Tax Commission Committee

2/5/2026

Committee Referrals

Select Committee on Property Taxes and the State Tax Commission2/5/2026

Full Bill Text

No bill text available