Missouri HB776: Modifies provisions relating to motor vehicle assessment valuations

What the bill says

From the introduced text:

FIRST REGULAR SESSION HOUSE BILL NO. 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE REEDY. 1467H.01I JOSEPHENGLER,ChiefClerk To repeal section 137.115, RSMo, and to enact in lieu thereof one new section relating to motor vehicle assessments, with a delayed effective date. Section A. Section 137.115, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 137.115, to read as follows: 137.115. 1. All other laws to the contrary notwithstanding, the assessor or the assessor's deputies in all counties of this state including the City of St. Louis shall annually make a list of all real and tangible personal property taxable in the assessor's city, county, town or district. Except as otherwise provided in subsection 3 of this section and section 137.078, the assessor shall annually assess all personal property at thirty-three and one-third percentofits truevalueinmoneyasofJanuaryfirst ofeachcalendaryear. Theassessorshall annually assess all real property, including any new construction and improvements to real property, and possessory interests in real property at the percent of its true value in money set in subsection 5 of this section. The true value in money of any possessory interest in real property in subclass (3), where such real property is on or lies within the ultimate airport boundary as shown by a federal airport layout plan, as defined by 14 CFR 151.5, of …

Read the full official text

Sponsors

• Rodger Reedy (R, 057) · primary sponsor

Latest actions

1. May 15, 2025: Referred: Emerging Issues(H)
2. January 9, 2025: Read Second Time (H)
3. January 8, 2025: Introduced and Read First Time (H)

Common questions

What is HB776?

HB776 is a bill in the Missouri Legislature (2025 Regular Session): Modifies provisions relating to motor vehicle assessment valuations.

What is the status of HB776?

In committee as of May 15, 2025. Latest action: Referred: Emerging Issues(H) (May 15, 2025).

Who sponsored HB776?

Rodger Reedy (R, 057).

Where is the official record for HB776?

On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB776&year=2025&code=R