Missouri 2024 Regular Session

Missouri House Bill HB2333

Introduced
1/9/24  

Caption

Changes the laws regarding tax collection by prohibiting the foreclosure of a principal residence for delinquent property taxes and authorizing other methods of collection

Impact

If enacted, HB 2333 would drastically alter the landscape of property tax enforcement in the state. By preventing foreclosures for unpaid property taxes, the legislation seeks to strike a balance between state revenue needs and the rights of homeowners. This could lead to fewer families losing their homes and may reduce the number of vacant properties in communities, which often leads to issues like crime and declining property values. Additionally, the shift to alternative collection methods may require counties to adapt their strategies for managing tax collections, potentially leading to increased costs or adjustments in budgeting.

Summary

House Bill 2333 aims to amend current laws regarding property tax collection by prohibiting the foreclosure of principal residences due to delinquent property taxes. This signifies a substantial shift in how tax collection is handled for homeowners, providing them with additional protections against losing their homes due to unpaid taxes. The bill proposes alternative methods for collecting delinquent taxes that do not involve foreclosure, which could ease the financial burden on struggling homeowners and potentially help maintain community stability.

Contention

Discussion around HB 2333 has highlighted concerns from various stakeholders. Proponents of the bill argue that it is a necessary step to protect homeowners, especially in times of economic hardship where financial circumstances may lead to temporary inability to pay property taxes. However, critics raise concerns about the implications for local government funding and the potential for increased tax burdens on homeowners who do pay their taxes. The tension between safeguarding individual rights and ensuring adequate funding for local services presents a notable point of contention in the deliberations surrounding this bill.

Companion Bills

No companion bills found.

Previously Filed As

MO HB645

Changes the laws regarding tax collection by prohibiting the foreclosure of a principal residence for delinquent property taxes and authorizing other methods of collection

MO HB1088

Changes the law regarding the collection of delinquent property taxes

MO HB462

Changes the law regarding delinquent tax collections by setting the maximum interest rate charged on delinquent tax payments at five percent and authorizes a waiver for certain property tax penalties

MO HB1194

Modifies provisions relating to the collection of penalties for delinquent personal property taxes

MO HB587

Modifies provisions relating to land bank agencies and the collection of delinquent property taxes

MO HB665

Authorizes volunteer fire protection association dues to be collected by a county collector similar to property tax collections upon voter approval

MO SB468

Modifies provisions relating to delinquent property taxes

MO HB903

Changes the laws regarding the foreign ownership of real property

MO HB1120

Changes the laws regarding liens on stored property

MO HB181

Changes the law regarding local taxes by authorizing all political subdivisions in the state to levy a transient guest tax instead of only those political subdivisions previously authorized

Similar Bills

No similar bills found.