Summary of the Introduced Bill

HB 1930 -- Penalties and Interest on Delinquent Taxes

Sponsor:  Hubbard

This bill changes the minimum rate of interest that can be
charged on delinquent real property taxes from 1% to 2% per month
and the maximum rate from 10% to 18% per year.  The prime rate
limitation is also removed.

Copyright (c) Missouri House of Representatives

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:45 am