Missouri legislation · 2025 Regular Session
Missouri HB777: Modifies provisions relating to the state tax commission
Status: In committee, April 17, 2025
What the bill says
To amend chapter 138, RSMo, by adding thereto one new section relating to the state tax commission. Section A. Chapter 138, RSMo, is amended by adding thereto one new section, to be known as section 138.385, to read as follows: 138.385. 1. On or before August 1, 2026, the state tax commission shall adopt and implement by rule final specifications for computer-assisted mass appraisal software used by assessors. (1) Such rules may provide a procedure by which the commission may compensate a county through the county's local assessment fund established under section 137.750 to comply with the pro.
From the amended text:
To amend chapter 138, RSMo, by adding thereto one new section relating to the state tax commission. Section A. Chapter 138, RSMo, is amended by adding thereto one new section, to be known as section 138.385, to read as follows: 138.385. 1. On or before August 1, 2026, the state tax commission shall adopt and implement by rule final specifications for computer-assisted mass appraisal software used by assessors. (1) Such rules may provide a procedure by which the commission may compensate a county through the county's local assessment fund established under section 137.750 to comply with the provisions of this section. (2) The computer-assisted mass appraisal software shall comply with requirements set forth in the final specifications for computer-assisted mass appraisal software in a time frame agreed upon in the county's assessment maintenance plan under section 137.115. 2. On or before August 1, 2026, the state tax commission shall adopt and implement by rule final specifications for the appraisal of natural gas local distribution companies serving intrastate customers. The rule shall include an approved method for the assessment of such property and a schedule of depreciation based on original or replacement costs of the system in a time frame agreed upon in the county's assessment maintenance plan under section 137.115. 3. The state tax commission may promulgate all necessary rules …