Summary of the Introduced Bill

HB 2071 -- Interest on Delinquent Property Taxes in St. Louis
City

Sponsor:  Hummel

This bill increases the monthly interest rate charged from 1% to
2%, increases the maximum annual interest rate from 10% to 18%,
and repeals the prime rate limitation on the interest rate for
delinquent property taxes in the City of St. Louis.

Copyright (c) Missouri House of Representatives


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