Missouri legislation · 2025 Regular Session
Missouri HB464: Modifies provisions relating to personal property tax valuations
Status: In committee, May 15, 2025
What the bill says
From the introduced text:
FIRST REGULAR SESSION HOUSE BILL NO. 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE MCGIRL. 1539H.02I DANARADEMANMILLER,ChiefClerk To repeal sections 137.073 and 137.115, RSMo, and to enact in lieu thereof two new sections relating to personal property valuations. Section A. Sections 137.073 and 137.115, RSMo, are repealed and two new sections enacted in lieu thereof, to be known as sections 137.073 and 137.115, to read as follows: 137.073. 1. As used in this section, the following terms mean: (1) "General reassessment", changes in value, entered in the assessor's books, of a substantial portion of the parcels of real property within a county resulting wholly or partly from reappraisal of value or other actions of the assessor or county equalization body or ordered by the state tax commission or any court; (2) "Tax rate", "rate", or "rate of levy", singular or plural, includes the tax rate for each purpose of taxation of property a taxing authority is authorized to levy without a vote and any tax rate authorized by election, including bond interest and sinking fund; (3) "Tax rate ceiling", a tax rate as revised by the taxing authority to comply with the provisions of this section or when a court has determined the tax rate; except that, other provisions of law to the contrary notwithstanding, a school district may levy the operating …
Sponsors
- Michael McGirl (R) · primary sponsor
Latest actions
- : Referred: Emerging Issues(H)
- : Read Second Time (H)
- : Read First Time (H)
- : Prefiled (H)
Common questions
- What is HB464?
- HB464 is a bill in the Missouri Legislature (2025 Regular Session): Modifies provisions relating to personal property tax valuations.
- What is the status of HB464?
- In committee as of May 15, 2025. Latest action: Referred: Emerging Issues(H) (May 15, 2025).
- Who sponsored HB464?
- Michael McGirl (R).
- Where is the official record for HB464?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB464&year=2025&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.