Read the full stored bill text
SECOND REGULAR SESSION
HOUSE BILL NO. 3242
103RD GENERAL ASSEMBL Y
INTRODUCED BY REPRESENT A TIVE DA VIS.
6100H.01I JOSEPH ENGLER, Chief Clerk
AN ACT
T o amend chapter 137, RSMo, by adding thereto one new section relating to local real
property tax levies.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 137, RSMo, is amended by adding thereto one new section, to be
2 known as section 137.066, to read as follows:
137.066. 1. As used in this section, the following terms mean:
2 (1) "Combined r eal pr operty tax levies", the total combined rate of all pr operty
3 tax levies imposed upon a taxpayer's r esidential re al pro perty within a pr operty tax
4 district by all taxing authorities including, but not limited to, a tax levy for debt service,
5 a tax levy for operating purposes or operating expenses, a tax levy for capital
6 impr ovements or capital project s, a special assessment or special tax levy , and any other
7 r eal prop erty tax levied for any purpose;
8 (2) "T axing authority", a county; incorporated city , town, or village in this state,
9 unless such city , town or village does not have a tax levy for municipal purposes;
10 ambulance district; community impro vement district; fir e protect ion district; levee
11 district; library district; neighborhood improve ment district; port authority district; tax
12 incr ement financing district; transportation development district; school district; or any
13 other political subdivision that imposes a pr operty tax within its borders and
14 jurisdiction.
15 2. Notwithstanding any other pr ovision of law to the contrary , the total amount
16 of combined real pr operty tax levies levied and imposed by all taxing authorities upon
17 any given res idential rea l pr operty shall not exceed the following rates:
EXPLANA TION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is
intended to be omitted from the law . Matter in bold-face type in the above bill is proposed language.
18 (1) For res idential r eal pro perty that is located within the borders or jurisdiction
19 of an incorporated city , town, or village, seven per cent of the assessed value of such r eal
20 pr operty within such city , town, or village; and
21 (2) For res idential r eal pro perty that is located within the borders or jurisdiction
22 of a county , six percen t of the assessed value of such real prop erty within such county
23 that is outside the boundaries of an incorporated city , town, or village or within a city ,
24 town, or village that does not have a tax levy for municipal purposes.
25 3. If the total amount of combined real prop erty tax levies levied and imposed by
26 all taxing authorities on res idential r eal pro perty exceeds the applicable limits in
27 subsection 2 of this section, the local government official authorized to assess, levy ,
28 impose, and collect the revenu es fr om such pr operty tax levies shall pro portionally
29 r educe each levy individually to ensur e the total amount of combined real pr operty tax
30 levies imposed does not exceed such limits.
31 4. This section shall not be construed to authorize any taxing authority to exceed
32 limits on levies imposed by the Constitution of Missouri.
✔
HB 3242 2