Summary of the Introduced Bill

HB 1955 -- Installment Payments of Property Taxes

Sponsor:  Smith (14)

This bill requires each county governing body to allow by order
or ordinance for installment payments of all or any portion of a
taxpayer's current or delinquent real property taxes over a
six-month period immediately following the due date.  The first
payment is due by December 31 of the year in which the taxes are
due, and the interest rate will be 9% if the taxpayer pays all
installments on or before the due date of each payment.

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Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:12 pm