HB 2152 -- Property Tax Exemption on Homesteads

Sponsor:  Sutherland

This bill exempts from property taxation the first 50% of
assessed valuation, up to $9,500, on real property occupied as a
homestead.  The homestead must be the taxpayer's principal place
of residence.  Any revenue losses of political subdivisions, as
determined by the State Auditor, will be reimbursed by the state.

The provisions of the bill will expire six years from the
effective date.

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