HB 2360 -- Payment of Property Taxes Sponsor: Aull This bill requires counties to allow installment payments when the property taxes on a homestead increase by more than 15% in any year due to reassessment. A homeowner may submit a request to the governing body of the county to pay the increase in installments and must make all payments, as determined by the governing body, within two years to avoid interest and penalties.Copyright (c) Missouri House of Representatives