HB 2258 -- Revision of Prior Tax Levies

Sponsor:  Bivins

Currently, certain political subdivisions that levy separate tax
rates on the different subclasses of property are required to
revise tax rates when there is a tax rate reduction after certain
tax revenue calculations.  This bill allows the subdivisions to
revise the rates.  If voters approve separate stated tax rates to
be applied to the different subclasses of property or increase
the separate rates that may be levied on the different subclasses
of property by different amounts, the single tax rate calculation
must be a blended rate that is to be calculated in the manner
specified in law.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:13 pm