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EXPLANATION-Matter enclosed in bold-faced brackets [thus] in this bill is not enacted
and is intended to be omitted in the law.
SECOND REGULAR SESSION
SENATE BILL NO. 1211
103RD GENERAL ASSEMBLY
INTRODUCED BY SENATOR NICOLA.
4646S.01I KRISTINA MARTIN, Secretary
AN ACT
To repeal section 139.053, RSMo, and to enact in lieu thereof one new section relating to payments
of property taxes.
Be it enacted by the General Assembly of the State of Missouri, as follows:
Section A. Section 139.053, RSMo, is repealed and one new 1
section enacted in lieu thereof, to be known as section 139.053, 2
to read as follows:3
139.053. 1. The governing body of any county[, 1
excluding township counties,] may by ordinance or order 2
provide for the payment of all or any part of current real 3
and personal property taxes which are owed, at the option of 4
the taxpayer, on an annual, semiannual or quarterly basis at 5
such times as determined by such governing body. 6
2. The ordinance shall provide the method by which the 7
amount of property taxes owed for the current tax year in 8
which the payments are to be made shall be estimated. The 9
collector shall submit to the governing body the procedures 10
by which taxes will be collected pursuant to the ordinance 11
or order. The estimate shall be based on the previous tax 12
year's liability. A taxpayer's payment schedule shall be 13
based on the estimate divided by the number of pay periods 14
in which payments are to be made. The taxpayer shall at the 15
end of the tax year pay any amounts owed in excess of the 16
estimate for such year. The county shall at the end of the 17
SB 1211 2
tax year refund to the taxpayer any amounts paid in excess 18
of the property tax owed for such year. No interest shall 19
be paid by the county on excess amounts owed to the 20
taxpayer. Any refund paid the taxpayer pursuant to this 21
subsection shall be an amount paid by the county only once 22
in a calendar year. 23
3. If a taxpayer fails to make an installment payment 24
of a portion of the real or personal property taxes owed to 25
the county, then such county may charge the taxpayer 26
interest on the amount of property taxes still owed for that 27
year. 28
4. Any governing body enacting the ordinance or order 29
specified in this section shall first agree to provide the 30
county collector with reasonable and necessary funds to 31
implement the ordinance or order. 32
5. Subsection 1 of this section shall not apply to 33
payment for real property taxes by financial institutions, 34
as defined in section 381.410, who pay tax obligations which 35
they service from escrow accounts, as defined in Title 24, 36
Part 3500, Section 17, Code of Federal Regulation, as 37
amended. 38
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