HB186--PROPERTYTAXES
SPONSOR:Murphy
Thisbillprohibitsapoliticalsubdivisionorelectionauthorityfromdescribinganyproposedtaxon
propertyinapoliticalsubdivisionasnotincreasingtaxes,oranylanguagetothateffect,unless
both:
(1)Failingtoadopttheproposedmeasurewouldcauseanactualincreaseinthetaxrate;and
(2)Adoptingthemeasurewouldcausethetaxratetostaythesameordecrease(Section67.496,
RSMo).
Thisbillrequiresthatifthevotersinapoliticalsubdivisionapproveanincreasetothetaxrate
ceilingpriortotheexpirationofapreviouslyapprovedtemporarylevyincrease,thenewtaxrate
ceilingshallremainineffectonlyuntilsuchtimeasthetemporarylevyincreaseexpiresunderthe
termsoriginallyapprovedbyavoteofthepeople,atwhichtimethetaxrateceilingshallbe
decreasedbytheamountofthetemporarylevyincreaseunlessvotersofthepoliticalsubdivision
areaskedtoapproveanadditionalpermanentincreaseandsuchincreaseisapproved(Section
137.073).
Thisbillspecifiesthat,anyballotmeasureseekingapprovaltoadd,change,ormodifyataxonreal
propertyshallexpresstheeffectoftheproposedchangewithintheballotlanguageintermsofthe
changeinrealdollarsowedper$100,000ofaproperty'smarketvaluation.
ThisbillissimilartoHB1583(2022).