Summary of the Introduced Bill

HB 1836 -- Property Tax Assessment for Possessor Interests

Sponsor:  Flook

This bill specifies that the true value in money for assessment
purposes of any possessor interest in real property on or
adjacent to a certain commercial airport and owned by a political
subdivision will be the true value in money of the possessor
interest in the real property less the total costs paid toward
any new construction or improvements on the property if included
in the possessor interest, unless paid by the political
subdivision, regardless of the year the costs were incurred.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm