Missouri legislation · 2026 Regular Session
Missouri HB1799: Authorizes taxpayers to submit petitions to reduce local tax rate levies
Status: In committee, May 15, 2026
What the bill says
To amend chapter 67, RSMo, by adding thereto one new section relating to reductions of local tax rates. Section A. Chapter 67, RSMo, is amended by adding thereto one new section, to be known as section 67.111, to read as follows: 67.111. 1. This section shall be known and may be cited as the "Taxation Oversight and Reduction Act". 2. As used in this section, the following terms mean: (1) "Combined property tax rate", the total real or personal property tax rate, or both, set by a political subdivision that levies real or personal property taxes, or both, excluding any tax rate set to pay the i.
From the introduced text:
To amend chapter 67, RSMo, by adding thereto one new section relating to reductions of local tax rates. Section A. Chapter 67, RSMo, is amended by adding thereto one new section, to be known as section 67.111, to read as follows: 67.111. 1. This section shall be known and may be cited as the "Taxation Oversight and Reduction Act". 2. As used in this section, the following terms mean: (1) "Combined property tax rate", the total real or personal property tax rate, or both, set by a political subdivision that levies real or personal property taxes, or both, excluding any tax rate set to pay the interest and principal on outstanding bonds or for debt service purposes, that is necessary to finance and balance the political subdivision's annual budget; (2) "Local election authority", a political subdivision's election authority as established in section 115.015; (3) "Taxpayer", a resident of a political subdivision in which a question is submitted under this section. 3. A taxpayer may submit a petition to the local election authority with jurisdiction over a political subdivision for the reduction of the political subdivision's combined property tax rate as provided in this section. 4. Reductions of the combined property tax rate occurring under this section shall be subject to the following limitations: EXPLANATION -- Matter enclosed in bold-faced brackets …