HB 1208 -- Limitation on Assessed Valuation

Sponsor:  Casey

This bill freezes the assessed valuation of residential property
for taxpayers 62 years of age or older who own and have lived in
their principal residence for at least three years.  The state
will reimburse the political subdivisions based on the State
Auditor's determination of lost revenue from the limitation on
assessed valuation.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:42 am