HCS HB 1316 -- PROPERTY TAX ASSESSMENT NOTICES (Deeken)

COMMITTEE OF ORIGIN:  Committee on Tax Reform

Currently, assessors in counties without a charter form of
government must give taxpayers a projected tax liability notice
with the notice of increased assessed valuation beginning
January 1, 2011.  This substitute requires all assessors in
counties without a charter form of government and Jefferson
County to give property owners additional information with the
notice of increased assessed valuation.  The notice must include
the previous assessed value and any increase, a statement
indicating that the change in assessed value may impact the
record owner's tax liability, and information regarding the
processes and deadlines for appealing determinations of the
assessed valuation.  This requirement applies to all calendar
years prior to January 1 of the year following receipt of the
necessary software from the State Tax Commission.  Beginning
January 1 of the year following receipt of the software,
assessors in all counties without a charter form of government
and Jefferson County must give taxpayers a projected tax
liability notice with the notice of increased assessed valuation.

Beginning January 1, 2011, in St. Louis County, the assessor must
provide notice that information regarding the assessment method
and computation of value for real property is available on the
assessor's web site, the web site address, and the assessor's
contact information so taxpayers without Internet access can
request and receive the information.

FISCAL NOTE:  Estimated Cost on General Revenue Fund of More than
$100,000 in FY 2011, FY 2012, and FY 2013.  No impact on Other
State Funds in FY 2011, FY 2012, and FY 2013.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:10 pm