HCS SB 307 -- PROPERTY TAXES

SPONSOR:  Jacob (Froelker)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Ways and Means by a vote of 14 to 0.

This substitute makes changes to collection procedures for real
and personal property taxes.

Under current law, erroneously or mistakenly paid real property
taxes can only be credited or refunded to the taxpayer for the
previous year if the taxpayer applies for the refund or credit
within the next succeeding tax year.  The substitute will extend
the limitation for seeking a refund or credit to the next 3
succeeding tax years.

The substitute also allows the timely payment of real or
personal property taxes on January 2 when December 31 falls on a
Sunday.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the bill will allow taxpayers
the additional time to pay real and personal property taxes when
December 31 falls on a Sunday.

Testifying for the bill was Senator Jacob.

OPPONENTS:  There was no opposition voiced to the committee.

Bill Tucker, Assistant Director of Research

Missouri House of Representatives
Last Updated November 26, 2001 at 11:47 am