Bill Text: MO HB2267 | 2010 | Regular Session | Introduced

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Bill Title: Prohibits real property taxes from increasing or decreasing by more than 5% above or below the tax levied in the previous year

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2010-05-14 - Referred: Tax Reform (H) [HB2267 Detail]

Download: Missouri-2010-HB2267-Introduced.html

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SECOND REGULAR SESSION

HOUSE BILL NO. 2267

95TH GENERAL ASSEMBLY

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INTRODUCED BY REPRESENTATIVES SCHIEFFER (Sponsor), HODGES, NORR AND BIVINS (Co-sponsors).

5131L.01I                                                                                                                                                  D. ADAM CRUMBLISS, Chief Clerk

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AN ACT

To amend chapter 137, RSMo, by adding thereto one new section relating to property taxes.

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Be it enacted by the General Assembly of the state of Missouri, as follows:

            Section A. Chapter 137, RSMo, is amended by adding thereto one new section, to be known as section 137.071, to read as follows:

            137.071. Notwithstanding any other provision of law to the contrary, no tax levied on any real property in this state shall increase above the tax levied on such real property in the previous year by more than five percent, nor shall any tax levied on real property in this state decrease below the tax levied on such real property in the previous year by more than five percent.

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