HB 1349 -- Property Tax Rates

Sponsor:  Portwood

This bill revises the definition of "tax rate ceiling" to the tax
rate used by the taxing authority in the preceding year and
limits the revenue received from a voter-approved tax rate
increase to the amount determined by applying the levy increase
to the prior year's assessed valuation.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:10 pm