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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 COMMITTEE SUBSTITUTE FOR
SENATE BILL NO. 919
103RD GENERAL ASSEMBLY
3855S.07C KRISTINA MARTIN, Secretary
AN ACT
To repeal sections 137.016, 137.115, 137.1055, and 138.390, RSMo, and to enact in lieu thereof
four new sections relating to property taxes.
Be it enacted by the General Assembly of the State of Missouri, as follows:
Section A. Sections 137.016, 137.115, 137.1055, and 1
138.390, RSMo, are repealed and four new sections enacted in 2
lieu thereof, to be known as sections 137.016, 137.115, 3
137.1058, and 138.390, to read as follows:4
137.016. 1. As used in Section 4(b) of Article X of 1
the Missouri Constitution, the following terms mean: 2
(1) "Residential property", all real property improved 3
by a structure which is used or intended to be used for 4
residential living by human occupants, vacant land in 5
connection with an airport, land used as a golf course, 6
manufactured home parks, bed and breakfast inns in which the 7
owner resides and uses as a primary residence with six or 8
fewer rooms for rent, and time-share units as defined in 9
section 407.600, except to the extent such units are 10
actually rented and subject to sales tax under subdivision 11
(6) of subsection 1 of section 144.020, but residential 12
property shall not include other similar facilities used 13
primarily for transient housing. For the purposes of this 14
section, "transient housing" means all rooms available for 15
rent or lease for which the receipts from the rent or lease 16
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of such rooms are subject to state sales tax pursuant to 17
subdivision (6) of subsection 1 of section 144.020; 18
(2) "Agricultural and horticultural property", all 19
real property used for agricultural purposes and devoted 20
primarily to the raising and harvesting of crops; to the 21
feeding, breeding and management of livestock which shall 22
include breeding, showing, and boarding of horses; to 23
dairying, or to any other combination thereof; and buildings 24
and structures customarily associated with farming, 25
agricultural, and horticultural uses. Agricultural and 26
horticultural property shall also include land devoted to 27
and qualifying for payments or other compensation under a 28
soil conservation or agricultural assistance program under 29
an agreement with an agency of the federal government. 30
Agricultural and horticultural property shall further 31
include any reliever airport. Real property classified as 32
forest croplands shall not be agricultural or horticultural 33
property so long as it is classified as forest croplands and 34
shall be taxed in accordance with the laws enacted to 35
implement Section 7 of Article X of the Missouri 36
Constitution. Agricultural and horticultural property shall 37
also include any sawmill or planing mill defined in the U.S. 38
Department of Labor's Standard Industrial Classification 39
(SIC) Manual under Industry Group 242 with the SIC number 40
2421. Agricultural and horticultural property shall also 41
include urban and community gardens. For the purposes of 42
this section, "urban and community gardens" shall include 43
real property cultivated by residents of a neighborhood or 44
community for the purposes of providing agricultural 45
products, as defined in section 262.900, for the use of 46
residents of the neighborhood or community, and shall not 47
include a garden intended for individual or personal use; 48
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(3) "Utility, industrial, commercial, railroad and 49
other real property", all real property used directly or 50
indirectly for any commercial, mining, industrial, 51
manufacturing, trade, professional, business, or similar 52
purpose, including all property centrally assessed by the 53
state tax commission but shall not include floating docks, 54
portions of which are separately owned and the remainder of 55
which is designated for common ownership and in which no one 56
person or business entity owns more than five individual 57
units. All other real property not included in the property 58
listed in subclasses (1) and (2) of Section 4(b) of Article 59
X of the Missouri Constitution, as such property is defined 60
in this section, shall be deemed to be included in the term 61
"utility, industrial, commercial, railroad and other real 62
property". 63
2. Pursuant to Article X of the state Constitution, 64
any taxing district may adjust its operating levy to recoup 65
any loss of property tax revenue, except revenues from the 66
surtax imposed pursuant to Article X, Subsection 2 of 67
Section 6 of the Constitution, as the result of changing the 68
classification of structures intended to be used for 69
residential living by human occupants which contain five or 70
more dwelling units if such adjustment of the levy does not 71
exceed the highest tax rate in effect subsequent to the 1980 72
tax year. For purposes of this section, loss in revenue 73
shall include the difference between the revenue that would 74
have been collected on such property under its 75
classification prior to enactment of this section and the 76
amount to be collected under its classification under this 77
section. The county assessor of each county or city not 78
within a county shall provide information to each taxing 79
district within its boundaries regarding the difference in 80
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assessed valuation of such property as the result of such 81
change in classification. 82
3. All reclassification of property as the result of 83
changing the classification of structures intended to be 84
used for residential living by human occupants which contain 85
five or more dwelling units shall apply to assessments made 86
after December 31, 1994. 87
4. Where real property is used or held for use for 88
more than one purpose and such uses result in different 89
classifications, the county assessor shall allocate to each 90
classification the percentage of the true value in money of 91
the property devoted to each use; except that, where 92
agricultural and horticultural property, as defined in this 93
section, also contains a dwelling unit or units, the farm 94
dwelling, appurtenant residential-related structures and up 95
to five acres immediately surrounding such farm dwelling 96
shall be residential property, as defined in this section, 97
provided that the portion of property used or held for use 98
as an urban and community garden shall not be residential 99
property. This subsection shall not apply to any reliever 100
airport. 101
5. All real property which is vacant, unused, or held 102
for future use; which is used for a private club, a not-for- 103
profit or other nonexempt lodge, club, business, trade, 104
service organization, or similar entity; or for which a 105
determination as to its classification cannot be made under 106
the definitions set out in subsection 1 of this section, 107
shall be classified according to its immediate most suitable 108
economic use, which use shall be determined after 109
consideration of: 110
(1) Immediate prior use, if any, of such property; 111
(2) Location of such property; 112
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(3) Zoning classification of such property; except 113
that, such zoning classification shall not be considered 114
conclusive if, upon consideration of all factors, it is 115
determined that such zoning classification does not reflect 116
the immediate most suitable economic use of the property; 117
(4) Other legal restrictions on the use of such 118
property; 119
(5) Availability of water, electricity, gas, sewers, 120
street lighting, and other public services for such property; 121
(6) Size of such property; 122
(7) Access of such property to public thoroughfares; 123
and 124
(8) Any other factors relevant to a determination of 125
the immediate most suitable economic use of such property. 126
6. All lands classified as forest croplands shall not, 127
for taxation purposes, be classified as subclass (1), 128
subclass (2), or subclass (3) real property, as such classes 129
are prescribed in Section 4(b) of Article X of the Missouri 130
Constitution and defined in this section, but shall be taxed 131
in accordance with the laws enacted to implement Section 7 132
of Article X of the Missouri Constitution. 133
7. An assessor shall not reclassify any real property 134
without first conducting an in-person consultation with the 135
owner of record of such property. An assessor shall be 136
considered to have satisfied the provisions of this 137
subsection if the assessor can document that a good-faith 138
effort was made to contact the owner of record, including, 139
but not limited to, documenting any mailings, phone calls, 140
or electronic notifications sent to the owner of record. 141
137.115. 1. (1) All other laws to the contrary 1
notwithstanding, the assessor or the assessor's deputies in 2
all counties of this state including the City of St. Louis 3
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shall annually make a list of all real and tangible personal 4
property taxable in the assessor's city, county, town or 5
district. Except as otherwise provided in subsection 3 of 6
this section and section 137.078, the assessor shall 7
annually assess all personal property at thirty-three and 8
one-third percent of its true value in money as of January 9
first of each calendar year. 10
(2) The assessor shall annually assess all real 11
property, including any new construction and improvements to 12
real property, and possessory interests in real property at 13
the percent of its true value in money set in subsection 5 14
of this section. The true value in money of any possessory 15
interest in real property in subclass (3), where such real 16
property is on or lies within the ultimate airport boundary 17
as shown by a federal airport layout plan, as defined by 14 18
CFR 151.5, of a commercial airport having a FAR Part 139 19
certification and owned by a political subdivision, shall be 20
the otherwise applicable true value in money of any such 21
possessory interest in real property, less the total dollar 22
amount of costs paid by a party, other than the political 23
subdivision, towards any new construction or improvements on 24
such real property completed after January 1, 2008, and 25
which are included in the above-mentioned possessory 26
interest, regardless of the year in which such costs were 27
incurred or whether such costs were considered in any prior 28
year. 29
(3) The assessor shall annually assess all real 30
property in the following manner: new assessed values shall 31
be determined as of January first of each odd-numbered year 32
and shall be entered in the assessor's books; those same 33
assessed values shall apply in the following even-numbered 34
year, except for new construction and property improvements 35
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which shall be valued as though they had been completed as 36
of January first of the preceding odd-numbered year. 37
(4) The assessor may call at the office, place of 38
doing business, or residence of each person required by this 39
chapter to list property, and require the person to make a 40
correct statement of all taxable tangible personal property 41
owned by the person or under his or her care, charge or 42
management, taxable in the county. 43
(5) On or before January first of each even-numbered 44
year, the assessor shall prepare and submit a two-year 45
assessment maintenance plan to the county governing body and 46
the state tax commission for their respective approval or 47
modification. The county governing body shall approve and 48
forward such plan or its alternative to the plan to the 49
state tax commission by February first. If the county 50
governing body fails to forward the plan or its alternative 51
to the plan to the state tax commission by February first, 52
the assessor's plan shall be considered approved by the 53
county governing body. If the state tax commission fails to 54
approve a plan and if the state tax commission and the 55
assessor and the governing body of the county involved are 56
unable to resolve the differences, in order to receive state 57
cost-share funds outlined in section 137.750, the county or 58
the assessor shall petition the administrative hearing 59
commission, by May first, to decide all matters in dispute 60
regarding the assessment maintenance plan. Upon agreement 61
of the parties, the matter may be stayed while the parties 62
proceed with mediation or arbitration upon terms agreed to 63
by the parties. The final decision of the administrative 64
hearing commission shall be subject to judicial review in 65
the circuit court of the county involved. 66
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(6) In the event a valuation of subclass (1) real 67
property within any county with a charter form of 68
government, or within a city not within a county, is made by 69
a computer, computer-assisted method or a computer program, 70
the burden of proof, supported by clear, convincing and 71
cogent evidence to sustain such valuation, shall be on the 72
assessor at any hearing or appeal. In any such county, 73
Unless the assessor proves otherwise, there shall be a 74
presumption that the assessment was made by a computer, 75
computer-assisted method or a computer program. Such 76
evidence shall include, but shall not be limited to, the 77
following: 78
[(1)] (a) The findings of the assessor based on an 79
appraisal of the property by generally accepted appraisal 80
techniques; and 81
[(2)] (b) The purchase prices from sales of at least 82
three comparable properties and the address or location 83
thereof. As used in this subdivision, the word "comparable" 84
means that: 85
[(a)] a. Such sale was closed at a date relevant to 86
the property valuation; and 87
[(b)] b. Such properties are not more than one mile 88
from the site of the disputed property, except where no 89
similar properties exist within one mile of the disputed 90
property, the nearest comparable property shall be used. 91
Such property shall be within five hundred square feet in 92
size of the disputed property, and resemble the disputed 93
property in age, floor plan, number of rooms, and other 94
relevant characteristics. 95
2. Assessors in each county of this state and the City 96
of St. Louis may send personal property assessment forms 97
through the mail. 98
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3. The following items of personal property shall each 99
constitute separate subclasses of tangible personal property 100
and shall be assessed and valued for the purposes of 101
taxation at the following percentages of their true value in 102
money: 103
(1) Grain and other agricultural crops in an 104
unmanufactured condition, one-half of one percent; 105
(2) Livestock, twelve percent; 106
(3) Farm machinery, twelve percent; 107
(4) Motor vehicles which are eligible for registration 108
as and are registered as historic motor vehicles pursuant to 109
section 301.131 and aircraft which are at least twenty-five 110
years old and which are used solely for noncommercial 111
purposes and are operated less than two hundred hours per 112
year or aircraft that are home built from a kit, five 113
percent; 114
(5) Poultry, twelve percent; 115
(6) Tools and equipment used for pollution control and 116
tools and equipment used in retooling for the purpose of 117
introducing new product lines or used for making 118
improvements to existing products by any company which is 119
located in a state enterprise zone and which is identified 120
by any standard industrial classification number cited in 121
subdivision (7) of section 135.200, twenty-five percent; and 122
(7) Solar panels, racking systems, inverters, and 123
related solar equipment, components, materials, and supplies 124
installed in connection with solar photovoltaic energy 125
systems, as described in subdivision (46) of subsection 2 of 126
section 144.030, that were constructed and producing solar 127
energy prior to August 9, 2022, five percent. 128
4. The person listing the property shall enter a true 129
and correct statement of the property, in a printed blank 130
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prepared for that purpose. The statement, after being 131
filled out, shall be signed and either affirmed or sworn to 132
as provided in section 137.155. The list shall then be 133
delivered to the assessor. 134
5. (1) All subclasses of real property, as such 135
subclasses are established in Section 4(b) of Article X of 136
the Missouri Constitution and defined in section 137.016, 137
shall be assessed at the following percentages of true value: 138
(a) For real property in subclass (1), nineteen 139
percent; 140
(b) For real property in subclass (2), twelve percent; 141
and 142
(c) For real property in subclass (3), thirty-two 143
percent. 144
(2) A taxpayer may apply to the county assessor, or, 145
if not located within a county, then the assessor of such 146
city, for the reclassification of such taxpayer's real 147
property if the use or purpose of such real property is 148
changed after such property is assessed under the provisions 149
of this chapter. If the assessor determines that such 150
property shall be reclassified, he or she shall determine 151
the assessment under this subsection based on the percentage 152
of the tax year that such property was classified in each 153
subclassification. 154
6. Manufactured homes, as defined in section 700.010, 155
which are actually used as dwelling units shall be assessed 156
at the same percentage of true value as residential real 157
property for the purpose of taxation. The percentage of 158
assessment of true value for such manufactured homes shall 159
be the same as for residential real property. If the county 160
collector cannot identify or find the manufactured home when 161
attempting to attach the manufactured home for payment of 162
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taxes owed by the manufactured home owner, the county 163
collector may request the county commission to have the 164
manufactured home removed from the tax books, and such 165
request shall be granted within thirty days after the 166
request is made; however, the removal from the tax books 167
does not remove the tax lien on the manufactured home if it 168
is later identified or found. For purposes of this section, 169
a manufactured home located in a manufactured home rental 170
park, rental community or on real estate not owned by the 171
manufactured home owner shall be considered personal 172
property. For purposes of this section, a manufactured home 173
located on real estate owned by the manufactured home owner 174
may be considered real property. 175
7. Each manufactured home assessed shall be considered 176
a parcel for the purpose of reimbursement pursuant to 177
section 137.750, unless the manufactured home is deemed to 178
be real estate as defined in subsection 7 of section 442.015 179
and assessed as a realty improvement to the existing real 180
estate parcel. 181
8. Any amount of tax due and owing based on the 182
assessment of a manufactured home shall be included on the 183
personal property tax statement of the manufactured home 184
owner unless the manufactured home is deemed to be real 185
estate as defined in subsection 7 of section 442.015, in 186
which case the amount of tax due and owing on the assessment 187
of the manufactured home as a realty improvement to the 188
existing real estate parcel shall be included on the real 189
property tax statement of the real estate owner. 190
9. The assessor of each county and each city not 191
within a county shall use a nationally recognized automotive 192
trade publication such as the National Automobile Dealers' 193
Association Official Used Car Guide, Kelley Blue Book, 194
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Edmunds, or other similar publication as the recommended 195
guide of information for determining the true value of motor 196
vehicles described in such publication. The state tax 197
commission shall select and make available to all assessors 198
which publication shall be used. The assessor of each 199
county and each city not within a county shall use the trade- 200
in value published in the current October issue of the 201
publication selected by the state tax commission. The 202
assessor shall not use a value that is greater than the 203
average trade-in value in determining the true value of the 204
motor vehicle without performing a physical inspection of 205
the motor vehicle. For vehicles two years old or newer from 206
a vehicle's model year, the assessor may use a value other 207
than average without performing a physical inspection of the 208
motor vehicle. In the absence of a listing for a particular 209
motor vehicle in such publication, the assessor shall use 210
such information or publications that, in the assessor's 211
judgment, will fairly estimate the true value in money of 212
the motor vehicle. For motor vehicles with a true value of 213
less than fifty thousand dollars as of January 1, 2025, the 214
assessor shall not assess such motor vehicle for an amount 215
greater than such motor vehicle was assessed in the previous 216
year, provided that such motor vehicle was properly assessed 217
in the previous year. 218
10. [Before the assessor may increase the assessed 219
valuation of any parcel of subclass (1) real property by 220
more than fifteen percent since the last assessment, 221
excluding increases due to new construction or improvements, 222
the assessor shall conduct a physical inspection of such 223
property. 224
11. If a physical inspection is required, pursuant to 225
subsection 10 of this section, the assessor shall notify the 226
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property owner of that fact in writing and shall provide the 227
owner clear written notice of the owner's rights relating to 228
the physical inspection. If a physical inspection is 229
required, the property owner may request that an interior 230
inspection be performed during the physical inspection. The 231
owner shall have no less than thirty days to notify the 232
assessor of a request for an interior physical inspection. 233
12. A physical inspection, as required by subsection 234
10 of this section, shall include, but not be limited to, an 235
on-site personal observation and review of all exterior 236
portions of the land and any buildings and improvements to 237
which the inspector has or may reasonably and lawfully gain 238
external access, and shall include an observation and review 239
of the interior of any buildings or improvements on the 240
property upon the timely request of the owner pursuant to 241
subsection 11 of this section. Mere observation of the 242
property via a drive-by inspection or the like shall not be 243
considered sufficient to constitute a physical inspection as 244
required by this section] An assessor shall not increase the 245
assessed valuation of any parcel of subclass (1) real 246
property by more than fifteen percent since the last 247
assessment. A property owner may request the assessor to 248
complete a physical inspection of the property owner's 249
subclass (1) real property, which may include an interior 250
inspection. An assessor shall not increase the assessed 251
valuation of such property based on the physical inspection, 252
but may reduce it. 253
[13.] 11. A county or city collector may accept credit 254
cards as proper form of payment of outstanding property tax 255
or license due. No county or city collector may charge 256
surcharge for payment by credit card which exceeds the fee 257
or surcharge charged by the credit card bank, processor, or 258
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issuer for its service. A county or city collector may 259
accept payment by electronic transfers of funds in payment 260
of any tax or license and charge the person making such 261
payment a fee equal to the fee charged the county by the 262
bank, processor, or issuer of such electronic payment. 263
[14.] 12. Any county or city not within a county in 264
this state may, by an affirmative vote of the governing body 265
of such county, opt out of the provisions of this section 266
and sections 137.073, 138.060, and 138.100 as enacted by 267
house bill no. 1150 of the ninety-first general assembly, 268
second regular session and section 137.073 as modified by 269
house committee substitute for senate substitute for senate 270
committee substitute for senate bill no. 960, ninety-second 271
general assembly, second regular session, for the next year 272
of the general reassessment, prior to January first of any 273
year. No county or city not within a county shall exercise 274
this opt-out provision after implementing the provisions of 275
this section and sections 137.073, 138.060, and 138.100 as 276
enacted by house bill no. 1150 of the ninety-first general 277
assembly, second regular session and section 137.073 as 278
modified by house committee substitute for senate substitute 279
for senate committee substitute for senate bill no. 960, 280
ninety-second general assembly, second regular session, in a 281
year of general reassessment. For the purposes of applying 282
the provisions of this subsection, a political subdivision 283
contained within two or more counties where at least one of 284
such counties has opted out and at least one of such 285
counties has not opted out shall calculate a single tax rate 286
as in effect prior to the enactment of house bill no. 1150 287
of the ninety-first general assembly, second regular 288
session. A governing body of a city not within a county or 289
a county that has opted out under the provisions of this 290
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subsection may choose to implement the provisions of this 291
section and sections 137.073, 138.060, and 138.100 as 292
enacted by house bill no. 1150 of the ninety-first general 293
assembly, second regular session, and section 137.073 as 294
modified by house committee substitute for senate substitute 295
for senate committee substitute for senate bill no. 960, 296
ninety-second general assembly, second regular session, for 297
the next year of general reassessment, by an affirmative 298
vote of the governing body prior to December thirty-first of 299
any year. 300
[15.] 13. The governing body of any city of the third 301
classification with more than twenty-six thousand three 302
hundred but fewer than twenty-six thousand seven hundred 303
inhabitants located in any county that has exercised its 304
authority to opt out under subsection 14 of this section may 305
levy separate and differing tax rates for real and personal 306
property only if such city bills and collects its own 307
property taxes or satisfies the entire cost of the billing 308
and collection of such separate and differing tax rates. 309
Such separate and differing rates shall not exceed such 310
city's tax rate ceiling. 311
[16.] 14. Any portion of real property that is 312
available as reserve for strip, surface, or coal mining for 313
minerals for purposes of excavation for future use or sale 314
to others that has not been bonded and permitted under 315
chapter 444 shall be assessed based upon how the real 316
property is currently being used. Any information provided 317
to a county assessor, state tax commission, state agency, or 318
political subdivision responsible for the administration of 319
tax policies shall, in the performance of its duties, make 320
available all books, records, and information requested, 321
except such books, records, and information as are by law 322
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declared confidential in nature, including individually 323
identifiable information regarding a specific taxpayer or 324
taxpayer's mine property. For purposes of this subsection, 325
"mine property" shall mean all real property that is in use 326
or readily available as a reserve for strip, surface, or 327
coal mining for minerals for purposes of excavation for 328
current or future use or sale to others that has been bonded 329
and permitted under chapter 444. 330
137.1058. 1. For the purposes of this section, the 1
following terms shall mean: 2
(1) "County", any county or city not within a county 3
in this state; 4
(2) "Eligible credit amount", the difference between 5
an eligible taxpayer's real property tax liability for a 6
given tax year, minus the real property tax liability in the 7
eligible taxpayer's initial credit year, provided that the 8
real property tax liability as determined in the taxpayer's 9
initial credit year may be increased by no more than two and 10
one-half percent per year or the percent increase in the 11
Consumer Price Index for All Urban Consumers, whichever is 12
lower. The amount by which an eligible taxpayer's real 13
property tax liability may increase as provided in this 14
subdivision shall be calculated after all adjustments are 15
made pursuant to subsection 3 of this section; 16
(3) "Eligible taxpayer", a Missouri resident who: 17
(a) Is an owner of record of real property or has a 18
legal or equitable interest in such property as evidenced by 19
a written instrument; and 20
(b) Is liable for the payment of real property taxes 21
on such real property; or 22
(c) Is an owner of record of tangible personal 23
property or has a legal or equitable interest in such 24
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property as evidenced by a written instrument, and is liable 25
for the payment of personal property taxes on such tangible 26
personal property; 27
(4) "Initial credit year", the 2024 tax year. If in 28
any tax year subsequent to the eligible taxpayer's initial 29
credit year the eligible taxpayer's real property tax 30
liability is lower than such liability in the initial credit 31
year, such tax year shall be considered the eligible 32
taxpayer's initial credit year for all subsequent tax years; 33
(5) "Personal property", all property in class 2 and 34
each subclass thereof; 35
(6) "Personal property tax liability", all taxes owed 36
to all taxing jurisdictions during a tax year on an eligible 37
taxpayer's personal property; 38
(7) "Real property", all property in class 1 and each 39
subclass thereof; 40
(8) "Real property tax liability", all taxes owed to 41
all taxing jurisdictions during a tax year on an eligible 42
taxpayer's real property. 43
2. All eligible taxpayers in this state shall be 44
authorized to claim a credit against the eligible taxpayer's 45
real property tax liability in an amount equal to the 46
taxpayer's eligible credit amount. A county shall apply the 47
credit authorized pursuant to this section when calculating 48
the eligible taxpayer's property tax liability for the tax 49
year. The amount of the credit shall be noted on the 50
statement of tax due sent to the eligible taxpayer by the 51
county collector. The county governing body may adopt 52
reasonable procedures in order to carry out the purposes and 53
intent of this section, provided that the county shall not 54
adopt any procedure that limits the definition or scope of 55
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eligible credit amount or eligible taxpayer as defined in 56
this section. 57
3. An eligible taxpayer's real property tax liability 58
for the eligible taxpayer's initial credit year shall be 59
adjusted as follows prior to the calculation of the 60
allowable growth as provided in subdivision (2) of 61
subsection 1 of this section: 62
(1) If an eligible taxpayer's real property is annexed 63
into a taxing jurisdiction to which such eligible taxpayer 64
did not owe real property tax in the eligible taxpayer's 65
initial credit year, then the real property tax liability 66
for the taxpayer's initial credit year shall be increased to 67
reflect the real property tax liability owed to the annexing 68
taxing jurisdiction; 69
(2) The real property tax liability for the taxpayer's 70
initial credit year shall be increased to reflect the amount 71
attributable to any new or increased property tax levy 72
approved by the voters subsequent to the eligible taxpayer's 73
initial credit year. 74
4. For the purposes of calculating property tax levies 75
pursuant to section 137.073, the total amount of credits 76
authorized pursuant to this section shall be considered tax 77
revenue, as such term is defined in section 137.073, 78
actually received. 79
5. A county shall notify each political subdivision 80
within such county of the total credit amount applicable to 81
such political subdivision by no later than November 82
thirtieth of each year. 83
6. No taxpayer shall be authorized to claim a property 84
tax credit pursuant to this section and section 137.1050 for 85
the same real property. 86
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7. Notwithstanding the provisions of subdivision (2) 87
of subsection 1 of this section to the contrary, in any 88
county in which property in any subclass of class 1 is 89
considered to be valued below its true value in money, as 90
determined in subdivision (2) of subsection 2 of section 91
138.390, the amount by which a taxpayer's real property tax 92
liability may increase shall not exceed five percent per 93
year. The provisions of this subsection shall no longer 94
apply to a county once property in such subclass of class 1 95
in such county is no longer considered to be valued below 96
its true value in money. 97
8. (1) Notwithstanding any provision of law to the 98
contrary, the personal property tax liability owed on any 99
individual item of personal property shall not be increased 100
above the liability owed on such item during the 2024 tax 101
year or the first year an eligible taxpayer first incurs 102
personal property tax liability on such personal property, 103
whichever occurs later. Any eligible taxpayer experiencing 104
such an increase shall be eligible for a credit on the 105
eligible taxpayer's personal property tax liability in an 106
amount equal to such increase. Any credit granted pursuant 107
to this subsection shall comply with the procedural 108
requirements provided in subsections 2 to 4 of this section. 109
(2) If an eligible taxpayer's personal property is 110
annexed into a taxing jurisdiction to which such eligible 111
taxpayer did not owe personal property tax during the 2024 112
tax year or the first year an eligible taxpayer first incurs 113
personal property tax liability on such personal property, 114
whichever occurs later, then the personal property tax 115
liability for such item of personal property shall be 116
increased to reflect the personal property tax liability 117
owed to the annexing taxing jurisdiction. 118
SCS SB 919 20
138.390. 1. The state tax commission shall equalize 1
the valuation of real and tangible personal property among 2
the several counties in the state in the following manner: 3
with the abstracts of all the taxable property in the 4
several counties of the state and the abstracts of the sales 5
of real estate in such counties as returned by the 6
respective county clerks and the assessor of the city of St. 7
Louis, the commission shall classify all real estate situate 8
in cities, towns, and villages, as town lots, and all other 9
real estate as farming lands, and shall classify all 10
tangible personal property as follows: banking 11
corporations, railroad corporations, street railroad 12
corporations, all other corporations, horses, mares and 13
geldings, mules, asses and jennets, neat cattle, sheep, 14
swine, goats, [domesticated small animals and] all other 15
livestock, poultry, power machinery, farm implements, other 16
tangible personal property. 17
2. (1) The state tax commission shall equalize the 18
valuation of each class or subclass of property thereof 19
among the respective counties of the state in the following 20
manner: 21
[(1)] (a) It shall add to the valuation of each class, 22
subclass, or portion thereof of the property, real or 23
tangible personal, of each county which it believes to be 24
valued below its real value in money such amount or percent 25
as will increase the same in each case to its true value; 26
[(2)] (b) It shall deduct from the valuation of each 27
class, subclass, or portion thereof of the property, real or 28
tangible personal, of each county which it believes to be 29
valued above its real value in money such amount or percent 30
as will reduce the same in each case to its true value. 31
SCS SB 919 21
(2) (a) For the purposes of this subsection, the 32
state tax commission shall utilize ratio studies to 33
determine whether a class or subclass of property is valued 34
below or above its true value in money. 35
(b) A class or subclass of property shall be 36
considered to be valued below its true value in money if: 37
a. The weighted median ratio is less than seventy-five 38
percent and the coefficient of dispersion is greater than 39
twenty-five percent; or 40
b. The weighted median ratio is less than seventy-five 41
percent and the upper bound of the ninety-five percent 42
confidence interval for the weighted median is less than 43
seventy-five percent. 44
(c) A class or subclass of property shall be 45
considered to be valued above its true value in money if: 46
a. The weighted median ratio is greater than one 47
hundred percent and the coefficient of dispersion is greater 48
than twenty-five percent; or 49
b. The weighted median ratio is greater than one 50
hundred percent and the upper bound of the ninety-five 51
percent confidence interval for the weighted median is 52
greater than one hundred percent. 53
[137.1055. 1. For the purposes of this 1
section, the following terms shall mean: 2
(1) "County", a five percent county or a 3
zero percent county; 4
(2) "Five percent county": 5
(a) Any county with more than forty 6
thousand but fewer than fifty thousand 7
inhabitants and with a county seat with more 8
than fourteen thousand but fewer than eighteen 9
thousand inhabitants; 10
(b) Any county with more than five 11
thousand but fewer than six thousand inhabitants 12
SCS SB 919 22
and with a county seat with fewer than nine 13
hundred inhabitants; 14
(c) Any county with more than twenty-five 15
thousand but fewer than thirty thousand 16
inhabitants and with a county seat with more 17
than eight thousand but fewer than twelve 18
thousand inhabitants; 19
(d) Any county with more than twelve 20
thousand five hundred but fewer than fourteen 21
thousand inhabitants and with a county seat with 22
more than five thousand but fewer than six 23
thousand inhabitants; 24
(e) Any county with more than fifteen 25
thousand seven hundred but fewer than seventeen 26
thousand six hundred inhabitants and with a 27
county seat with more than two thousand but 28
fewer than three thousand inhabitants; 29
(f) Any county with more than eight 30
thousand but fewer than eight thousand nine 31
hundred inhabitants and with a county seat with 32
more than six hundred seventy but fewer than 33
seven hundred thirty inhabitants; 34
(g) Any county with more than fourteen 35
thousand but fewer than fifteen thousand seven 36
hundred inhabitants and with a county seat with 37
more than five thousand five hundred but fewer 38
than eight thousand inhabitants; 39
(h) Any county with more than nine 40
thousand nine hundred but fewer than eleven 41
thousand inhabitants and with a county seat with 42
more than one thousand five hundred but fewer 43
than two thousand five hundred inhabitants; 44
(i) Any county with more than twenty-five 45
thousand but fewer than thirty thousand 46
inhabitants and with a county seat with more 47
than five hundred but fewer than two thousand 48
five hundred inhabitants; 49
(j) Any county with more than nine 50
thousand nine hundred but fewer than eleven 51
thousand inhabitants and with a county seat with 52
more than three hundred but fewer than six 53
hundred inhabitants; 54
(k) Any county with more than seventeen 55
thousand six hundred but fewer than nineteen 56
SCS SB 919 23
thousand inhabitants and with a county seat with 57
more than five thousand fifty but fewer than 58
seven thousand inhabitants; 59
(l) Any county with more than five 60
thousand but fewer than six thousand inhabitants 61
and with a county seat with more than nine 62
hundred but fewer than one thousand six hundred 63
inhabitants; 64
(m) Any county with more than eight 65
thousand but fewer than eight thousand nine 66
hundred inhabitants and with a county seat with 67
fewer than three hundred inhabitants; 68
(n) Any county with more than eight 69
thousand but fewer than eight thousand nine 70
hundred inhabitants and with a county seat with 71
more than three thousand three hundred but fewer 72
than five thousand inhabitants; 73
(o) Any county with more than seven 74
thousand but fewer than eight thousand 75
inhabitants and with a county seat with fewer 76
than four hundred eighty inhabitants; 77
(p) Any county with more than nineteen 78
thousand but fewer than twenty-two thousand 79
inhabitants and with a county seat with more 80
than two thousand two hundred twenty but fewer 81
than two thousand five hundred inhabitants; 82
(q) Any county with more than eight 83
thousand but fewer than eight thousand nine 84
hundred inhabitants and with a county seat with 85
more than one thousand three hundred but fewer 86
than two thousand inhabitants; 87
(r) Any county with more than eleven 88
thousand but fewer than twelve thousand five 89
hundred inhabitants and with a county seat with 90
more than one thousand but fewer than two 91
thousand inhabitants; 92
(s) Any county with more than six thousand 93
but fewer than seven thousand inhabitants and 94
with a county seat with more than one thousand 95
but fewer than one thousand eight hundred 96
inhabitants; 97
(t) Any county with more than eight 98
thousand nine hundred but fewer than nine 99
thousand nine hundred inhabitants and with a 100
SCS SB 919 24
county seat with more than five thousand but 101
fewer than six thousand inhabitants; 102
(u) Any county with more than eight 103
thousand but fewer than eight thousand nine 104
hundred inhabitants and with a county seat with 105
more than two thousand but fewer than three 106
thousand three hundred inhabitants; 107
(v) Any county with more than four 108
thousand but fewer than four thousand five 109
hundred inhabitants and with a county seat with 110
more than eight hundred inhabitants; 111
(w) Any county with more than eleven 112
thousand but fewer than twelve thousand five 113
hundred inhabitants and with a county seat with 114
more than one hundred but fewer than five 115
hundred inhabitants; 116
(x) Any county with more than fourteen 117
thousand but fewer than fifteen thousand seven 118
hundred inhabitants and with a county seat with 119
more than eight thousand but fewer than ten 120
thousand inhabitants; 121
(y) Any county with more than two thousand 122
but fewer than three thousand six hundred 123
inhabitants; 124
(z) Any county with more than nineteen 125
thousand but fewer than twenty-two thousand 126
inhabitants and with a county seat with more 127
than ten thousand but fewer than thirteen 128
thousand inhabitants; 129
(aa) Any county with more than five 130
thousand but fewer than six thousand inhabitants 131
and with a county seat with more than one 132
thousand six hundred but fewer than two thousand 133
six hundred inhabitants; 134
(bb) Any county with fewer than two 135
thousand inhabitants; 136
(cc) Any county with more than nineteen 137
thousand but fewer than twenty-two thousand 138
inhabitants and with a county seat with more 139
than one thousand but fewer than two thousand 140
two hundred twenty inhabitants; 141
(dd) Any county with more than fourteen 142
thousand but fewer than fifteen thousand seven 143
hundred inhabitants and with a county seat with 144
SCS SB 919 25
more than one thousand but fewer than two 145
thousand inhabitants; 146
(ee) Any county with more than fifteen 147
thousand seven hundred but fewer than seventeen 148
thousand six hundred inhabitants and with a 149
county seat with more than three thousand but 150
fewer than three thousand six hundred 151
inhabitants; 152
(ff) Any county with more than nineteen 153
thousand but fewer than twenty-two thousand 154
inhabitants and with a county seat with more 155
than eight thousand five hundred but fewer than 156
ten thousand inhabitants; 157
(gg) Any county with more than eight 158
thousand but fewer than eight thousand nine 159
hundred inhabitants and with a county seat with 160
more than six hundred but fewer than six hundred 161
seventy inhabitants; 162
(hh) Any county with more than forty 163
thousand but fewer than fifty thousand 164
inhabitants and with a county seat with more 165
than twenty-one thousand but fewer than thirty- 166
one thousand inhabitants; 167
(ii) Any county with more than thirty 168
thousand but fewer than thirty-five thousand 169
inhabitants and with a county seat with more 170
than nine thousand but fewer than thirteen 171
thousand inhabitants; 172
(jj) Any county with more than eight 173
thousand nine hundred but fewer than nine 174
thousand nine hundred inhabitants and with a 175
county seat with fewer than one thousand 176
inhabitants; 177
(kk) Any county with more than nineteen 178
thousand but fewer than twenty-two thousand 179
inhabitants and with a county seat with more 180
than six thousand but fewer than eight thousand 181
five hundred inhabitants; 182
(ll) Any county with more than fifteen 183
thousand seven hundred but fewer than seventeen 184
thousand six hundred inhabitants and with a 185
county seat with more than seven thousand but 186
fewer than nine thousand inhabitants; 187
SCS SB 919 26
(mm) Any county with more than twenty-two 188
thousand but fewer than twenty-five thousand 189
inhabitants and with a county seat with more 190
than twelve thousand five hundred but fewer than 191
sixteen thousand inhabitants; 192
(nn) Any county with more than thirty 193
thousand but fewer than thirty-five thousand 194
inhabitants and with a county seat with more 195
than three thousand eight hundred but fewer than 196
six thousand inhabitants; 197
(oo) Any county with more than twenty-two 198
thousand but fewer than twenty-five thousand 199
inhabitants and with a county seat with more 200
than five thousand but fewer than eight thousand 201
inhabitants; 202
(pp) Any county with more than twenty-two 203
thousand but fewer than twenty-five thousand 204
inhabitants and with a county seat with more 205
than one thousand four hundred but fewer than 206
one thousand nine hundred inhabitants; 207
(qq) Any county with more than sixty 208
thousand but fewer than seventy thousand 209
inhabitants; 210
(rr) Any county with more than seventeen 211
thousand six hundred but fewer than nineteen 212
thousand inhabitants and with a county seat with 213
more than four thousand but fewer than five 214
thousand fifty inhabitants; 215
(ss) Any county with more than twenty-two 216
thousand but fewer than twenty-five thousand 217
inhabitants and with a county seat with more 218
than two thousand three hundred but fewer than 219
four thousand inhabitants; 220
(tt) Any county with more than one hundred 221
thousand but fewer than one hundred twenty 222
thousand inhabitants and with a county seat with 223
more than four thousand but fewer than six 224
thousand inhabitants; 225
(uu) Any county with more than eighty 226
thousand but fewer than one hundred thousand 227
inhabitants and with a county seat with more 228
than seventy thousand but fewer than eighty 229
thousand inhabitants; 230
SCS SB 919 27
(vv) Any county with more than twenty-five 231
thousand but fewer than thirty thousand 232
inhabitants and with a county seat with more 233
than fourteen thousand but fewer than twenty 234
thousand inhabitants; 235
(ww) Any county with more than twenty-two 236
thousand but fewer than twenty-five thousand 237
inhabitants and with a county seat with more 238
than nine thousand but fewer than twelve 239
thousand five hundred inhabitants; 240
(xx) Any county with more than six 241
thousand but fewer than seven thousand 242
inhabitants and with a county seat with more 243
than one thousand eight hundred but fewer than 244
two thousand five hundred inhabitants; 245
(yy) Any county with more than three 246
thousand six hundred but fewer than four 247
thousand inhabitants; 248
(zz) Any county with more than nine 249
thousand nine hundred but fewer than eleven 250
thousand inhabitants and with a county seat with 251
fewer than two hundred inhabitants; 252
(aaa) Any county with more than fourteen 253
thousand but fewer than fifteen thousand seven 254
hundred inhabitants and with a county seat with 255
more than four thousand nine hundred but fewer 256
than five thousand five hundred inhabitants; 257
(bbb) Any county with more than twenty- 258
five thousand but fewer than thirty thousand 259
inhabitants and with a county seat with more 260
than two thousand five hundred but fewer than 261
six thousand inhabitants; 262
(ccc) Any county with more than eight 263
thousand but fewer than eight thousand nine 264
hundred inhabitants and with a county seat with 265
more than eight hundred but fewer than one 266
thousand three hundred inhabitants; 267
(ddd) Any county with more than four 268
thousand five hundred but fewer than five 269
thousand inhabitants and with a county seat with 270
more than one thousand seven hundred thirty- 271
three inhabitants; 272
(eee) Any county with more than nine 273
thousand nine hundred but fewer than eleven 274
SCS SB 919 28
thousand inhabitants and with a county seat with 275
more than six hundred but fewer than one 276
thousand inhabitants; 277
(fff) Any county with more than twenty-two 278
thousand but fewer than twenty-five thousand 279
inhabitants and with a county seat with more 280
than nine hundred but fewer than one thousand 281
four hundred inhabitants; 282
(ggg) Any county with more than four 283
thousand but fewer than four thousand five 284
hundred inhabitants and with a county seat with 285
fewer than eight hundred inhabitants; 286
(hhh) Any county with more than four 287
thousand five hundred but fewer than five 288
thousand inhabitants and with a county seat with 289
fewer than one thousand seven hundred thirty- 290
three inhabitants; 291
(iii) Any county with more than six 292
thousand but fewer than seven thousand 293
inhabitants and with a county seat with more 294
than four hundred but fewer than one thousand 295
inhabitants; 296
(jjj) Any county with more than one 297
hundred twenty thousand but fewer than one 298
hundred fifty thousand inhabitants; 299
(kkk) Any county with more than fifty 300
thousand but fewer than sixty thousand 301
inhabitants and with a county seat with more 302
than ten thousand but fewer than twelve thousand 303
six hundred inhabitants; 304
(lll) Any county with more than nine 305
thousand nine hundred but fewer than eleven 306
thousand inhabitants and with a county seat with 307
more than one thousand but fewer than one 308
thousand five hundred inhabitants; 309
(mmm) Any county with more than eighty 310
thousand but fewer than one hundred thousand 311
inhabitants and with a county seat with more 312
than thirteen thousand but fewer than seventeen 313
thousand inhabitants; 314
(nnn) Any county with more than eight 315
thousand nine hundred but fewer than nine 316
thousand nine hundred inhabitants and with a 317
SCS SB 919 29
county seat with more than one thousand but 318
fewer than two thousand inhabitants; 319
(ooo) Any county with more than twelve 320
thousand five hundred but fewer than fourteen 321
thousand inhabitants and with a county seat with 322
more than four thousand but fewer than five 323
thousand inhabitants; 324
(ppp) Any county with more than seventeen 325
thousand six hundred but fewer than nineteen 326
thousand inhabitants and with a county seat with 327
more than eight thousand but fewer than ten 328
thousand inhabitants; 329
(qqq) Any county with more than six 330
thousand but fewer than seven thousand 331
inhabitants and with a county seat with fewer 332
than three hundred inhabitants; 333
(rrr) Any county with more than thirty- 334
five thousand but fewer than forty thousand 335
inhabitants and with a county seat with more 336
than five hundred but fewer than two thousand 337
inhabitants; 338
(sss) Any county with more than fifteen 339
thousand seven hundred but fewer than seventeen 340
thousand six hundred inhabitants and with a 341
county seat with more than four thousand two 342
hundred ten but fewer than six thousand 343
inhabitants; 344
(ttt) Any county with more than forty 345
thousand but fewer than fifty thousand 346
inhabitants and with a county seat with more 347
than ten thousand but fewer than fourteen 348
thousand inhabitants; 349
(uuu) Any county with more than fifty 350
thousand but fewer than sixty thousand 351
inhabitants and with a county seat with more 352
than twelve thousand six hundred but fewer than 353
fifteen thousand inhabitants; 354
(vvv) Any county with more than eleven 355
thousand but fewer than twelve thousand five 356
hundred inhabitants and with a county seat with 357
more than two thousand but fewer than two 358
thousand eight hundred fifty inhabitants; 359
(www) Any county with more than fifteen 360
thousand seven hundred but fewer than seventeen 361
SCS SB 919 30
thousand six hundred inhabitants and with a 362
county seat with more than three thousand six 363
hundred but fewer than four thousand two hundred 364
ten inhabitants; 365
(3) "Eligible credit amount", the 366
difference between an eligible taxpayer's real 367
property tax liability on such taxpayer's 368
homestead for a given tax year, minus the real 369
property tax liability on such homestead in the 370
eligible taxpayer's initial credit year, 371
provided that, for five percent counties, the 372
real property tax liability on an eligible 373
taxpayer's homestead as determined in the 374
taxpayer's initial credit year may be increased 375
by no more than five percent per year or the 376
percent increase in the Consumer Price Index for 377
All Urban Consumers, as published by the Bureau 378
of Labor Statistics, whichever is greater, and 379
for zero percent counties, the real property tax 380
liability on an eligible taxpayer's homestead 381
shall not be increased above the liability 382
incurred during the initial credit year. For 383
all counties, an eligible taxpayer's real 384
property tax liability shall be increased to 385
reflect any increase in tax liability derived 386
from any new property tax levy or an increase in 387
an existing property tax levy approved by the 388
voters subsequent to an eligible taxpayer's 389
initial credit year, provided that, for five 390
percent counties, such increase shall not be 391
considered for the purposes of calculating the 392
allowable increase in an eligible taxpayer's 393
real property tax liability as provided in this 394
subdivision; 395
(4) "Eligible taxpayer", a Missouri 396
resident who: 397
(a) Is an owner of record of a homestead 398
or has a legal or equitable interest in such 399
property as evidenced by a written instrument; 400
and 401
(b) Is liable for the payment of real 402
property taxes on such homestead; 403
(5) "Homestead", real property actually 404
occupied by an eligible taxpayer as the primary 405
SCS SB 919 31
residence. An eligible taxpayer shall not claim 406
more than one primary residence; 407
(6) "Initial credit year", the 2024 tax 408
year. 409
If in any tax year subsequent to the eligible 410
taxpayer's initial credit year the eligible 411
taxpayer's real property tax liability is lower 412
than such liability in the initial credit year, 413
such tax year shall be considered the eligible 414
taxpayer's initial credit year for all 415
subsequent tax years; 416
(7) "Zero percent county": 417
(a) Any county with more than one hundred 418
thousand but fewer than one hundred twenty 419
thousand inhabitants and with a county seat with 420
more than nine thousand but fewer than eleven 421
thousand inhabitants; 422
(b) Any county with more than fifty 423
thousand but fewer than sixty thousand 424
inhabitants and with a county seat with more 425
than seventeen thousand but fewer than twenty- 426
one thousand inhabitants; 427
(c) Any county with more than one hundred 428
thousand but fewer than one hundred twenty 429
thousand inhabitants and with a county seat with 430
more than twelve thousand but fewer than 431
fourteen thousand inhabitants; 432
(d) Any county with more than fourteen 433
thousand but fewer than fifteen thousand seven 434
hundred inhabitants and with a county seat with 435
more than two thousand but fewer than three 436
thousand inhabitants; 437
(e) Any county with more than twelve 438
thousand five hundred but fewer than fourteen 439
thousand inhabitants and with a county seat with 440
more than one thousand but fewer than two 441
thousand inhabitants; 442
(f) Any county with more than thirty-five 443
thousand but fewer than forty thousand 444
inhabitants and with a county seat with more 445
than eight thousand but fewer than ten thousand 446
inhabitants; 447
SCS SB 919 32
(g) Any county with more than two hundred 448
thousand but fewer than two hundred thirty 449
thousand inhabitants; 450
(h) Any county with more than eleven 451
thousand but fewer than twelve thousand five 452
hundred inhabitants and with a county seat with 453
more than two thousand eight hundred fifty but 454
fewer than four thousand inhabitants; 455
(i) Any county with more than thirty-five 456
thousand but fewer than forty thousand 457
inhabitants and with a county seat with more 458
than ten thousand but fewer than fourteen 459
thousand inhabitants; 460
(j) Any county with more than eight 461
thousand but fewer than eight thousand nine 462
hundred inhabitants and with a county seat with 463
more than seven hundred thirty but fewer than 464
eight hundred inhabitants; 465
(k) Any county with more than seven 466
thousand but fewer than eight thousand 467
inhabitants and with a county seat with more 468
than four hundred eighty but fewer than one 469
thousand inhabitants; 470
(l) Any county with more than thirty 471
thousand but fewer than thirty-five thousand 472
inhabitants and with a county seat with more 473
than two hundred but fewer than nine hundred 474
inhabitants; 475
(m) Any county with more than fifty 476
thousand but fewer than sixty thousand 477
inhabitants and with a county seat with more 478
than one thousand but fewer than four thousand 479
inhabitants; 480
(n) Any county with more than twenty-two 481
thousand but fewer than twenty-five thousand 482
inhabitants and with a county seat with more 483
than one thousand nine hundred but fewer than 484
two thousand three hundred inhabitants; 485
(o) Any county with more than thirty 486
thousand but fewer than thirty-five thousand 487
inhabitants and with a county seat with more 488
than two thousand but fewer than three thousand 489
eight hundred inhabitants; 490
SCS SB 919 33
(p) Any county with more than eighty 491
thousand but fewer than one hundred thousand 492
inhabitants and with a county seat with more 493
than twenty thousand but fewer than twenty-five 494
thousand inhabitants; 495
(q) Any county with more than thirty-five 496
thousand but fewer than forty thousand 497
inhabitants and with a county seat with more 498
than two thousand but fewer than five thousand 499
inhabitants; 500
(r) Any county with more than twenty-two 501
thousand but fewer than twenty-five thousand 502
inhabitants and with a county seat with more 503
than five hundred but fewer than nine hundred 504
inhabitants; 505
(s) Any county with more than four hundred 506
thousand but fewer than five hundred thousand 507
inhabitants; 508
(t) Any county with more than eleven 509
thousand but fewer than twelve thousand five 510
hundred inhabitants and with a county seat with 511
more than four thousand but fewer than five 512
thousand inhabitants; 513
(u) Any county with more than seven 514
thousand but fewer than eight thousand 515
inhabitants and with a county seat with more 516
than one thousand but fewer than two thousand 517
inhabitants; 518
(v) Any county with more than thirty-five 519
thousand but fewer than forty thousand 520
inhabitants and with a county seat with more 521
than five thousand but fewer than eight thousand 522
inhabitants. 523
2. By no later than the municipal election 524
in April 2026, a county shall place on the 525
ballot a question of whether to grant a property 526
tax credit pursuant to this section to eligible 527
taxpayers residing in such county in an amount 528
equal to the taxpayer's eligible credit amount. 529
If a majority of the votes cast on the proposal 530
by the qualified voters voting thereon are in 531
favor of the proposal, then the credit shall be 532
in effect and the county shall grant such 533
property tax credit to eligible taxpayers 534
SCS SB 919 34
residing in such county in an amount equal to 535
the taxpayer's eligible credit amount. 536
3. (1) A county granting a credit 537
pursuant to this section shall apply such credit 538
when calculating the eligible taxpayer's 539
property tax liability for the tax year. The 540
amount of the credit shall be noted on the 541
statement of tax due sent to the eligible 542
taxpayer by the county collector. The county 543
governing body may adopt reasonable procedures 544
in order to carry out the purposes and intent of 545
this section, provided that the county shall not 546
adopt any procedure that limits the definition 547
or scope of eligible credit amount or eligible 548
taxpayer as defined in this section. 549
(2) If an eligible taxpayer makes new 550
construction and improvements to such eligible 551
taxpayer's homestead, the real property tax 552
liability for the taxpayer's initial credit year 553
shall be increased to reflect the real property 554
tax liability attributable to such new 555
construction and improvements. 556
(3) If an eligible taxpayer's homestead is 557
annexed into a taxing jurisdiction to which such 558
eligible taxpayer did not owe real property tax 559
in the eligible taxpayer's initial credit year, 560
then the real property tax liability for the 561
taxpayer's initial credit year shall be 562
increased to reflect the real property tax 563
liability owed to the annexing taxing 564
jurisdiction. 565
4. For the purposes of calculating 566
property tax levies pursuant to section 137.073, 567
the total amount of credits authorized by a 568
county pursuant to this section shall be 569
considered tax revenue, as such term is defined 570
in section 137.073, actually received. 571
5. A county granting a tax credit pursuant 572
to this section shall notify each political 573
subdivision within such county of the total 574
credit amount applicable to such political 575
subdivision by no later than November thirtieth 576
of each year. 577
SCS SB 919 35
6. No taxpayer shall be authorized to 578
claim a property tax credit pursuant to this 579
section and section 137.1050 for the same 580
homestead.] 581
✓