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Missouri House Bill HB1906

Missouri 2024 Regular Session

Missouri House Bill HB1906 Compare Versions

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11 SECONDREGULARSESSION
2-[PERFECTED]
32 HOUSECOMMITTEESUBSTITUTEFOR
43 HOUSEBILLNO.1906
54 102NDGENERALASSEMBLY
6-3205H.02P DANARADEMANMILLER,ChiefClerk
5+3205H.02C DANARADEMANMILLER,ChiefClerk
76 ANACT
87 Torepealsection137.115,RSMo,andtoenactinlieuthereofonenewsectionrelatingtoreal
98 propertyvaluationassessments.
109 BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows:
1110 SectionA.Section137.115,RSMo,isrepealedandonenewsectionenactedinlieu
1211 2thereof,tobeknownassection137.115,toreadasfollows:
1312 137.115.1.Allotherlawstothecontrarynotwithstanding,theassessororthe
1413 2assessor'sdeputiesinallcountiesofthisstateincludingtheCityofSt.Louisshallannually
1514 3makealistofallrealandtangiblepersonalpropertytaxableintheassessor'scity,county,
1615 4townordistrict.Exceptasotherwiseprovidedinsubsection3ofthissectionandsection
1716 5137.078,theassessorshallannuallyassessallpersonalpropertyatthirty-threeandone-third
1817 6percentofitstruevalueinmoneyasofJanuaryfirstofeachcalendaryear.Theassessorshall
1918 7annuallyassessallrealproperty,includinganynewconstructionandimprovementstoreal
2019 8property,andpossessoryinterestsinrealpropertyatthepercentofitstruevalueinmoneyset
2120 9insubsection5ofthissection.Thetruevalueinmoneyofanypossessoryinterestinreal
2221 10propertyinsubclass(3),wheresuchrealpropertyisonorlieswithintheultimateairport
2322 11boundaryasshownbyafederalairportlayoutplan,asdefinedby14CFR151.5,ofa
2423 12commercialairporthavingaFARPart139certificationandownedbyapoliticalsubdivision,
2524 13shallbetheotherwiseapplicabletruevalueinmoneyofanysuchpossessoryinterestinreal
2625 14property,lessthetotaldollaramountofcostspaidbyaparty,otherthanthepolitical
2726 15subdivision,towardsanynewconstructionorimprovementsonsuchrealpropertycompleted
2827 16afterJanuary1,2008,andwhichareincludedintheabove-mentionedpossessoryinterest,
2928 17regardlessoftheyearinwhichsuchcostswereincurredorwhethersuchcostswere
29+18consideredinanyprioryear.Theassessorshallannuallyassessallrealpropertyinthe
3030 EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
31-intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 18consideredinanyprioryear.Theassessorshallannuallyassessallrealpropertyinthe
32-19followingmanner:newassessedvaluesshallbedeterminedasofJanuaryfirstofeachodd-
31+intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 19followingmanner:newassessedvaluesshallbedeterminedasofJanuaryfirstofeachodd-
3332 20numberedyearandshallbeenteredintheassessor'sbooks;thosesameassessedvaluesshall
3433 21applyinthefollowingeven-numberedyear,exceptfornewconstructionandproperty
3534 22improvementswhichshallbevaluedasthoughtheyhadbeencompletedasofJanuaryfirstof
3635 23theprecedingodd-numberedyear.Theassessormaycallattheoffice,placeofdoing
3736 24business,orresidenceofeachpersonrequiredbythischaptertolistproperty,andrequirethe
3837 25persontomakeacorrectstatementofalltaxabletangiblepersonalpropertyownedbythe
3938 26personorunderhisorhercare,chargeormanagement,taxableinthecounty.Onorbefore
4039 27Januaryfirstofeacheven-numberedyear,theassessorshallprepareandsubmitatwo-year
4140 28assessmentmaintenanceplantothecountygoverningbodyandthestatetaxcommissionfor
4241 29theirrespectiveapprovalormodification.Thecountygoverningbodyshallapproveand
4342 30forwardsuchplanoritsalternativetotheplantothestatetaxcommissionbyFebruaryfirst.
4443 31Ifthecountygoverningbodyfailstoforwardtheplanoritsalternativetotheplantothestate
4544 32taxcommissionbyFebruaryfirst,theassessor'splanshallbeconsideredapprovedbythe
4645 33countygoverningbody.Ifthestatetaxcommissionfailstoapproveaplanandifthestatetax
4746 34commissionandtheassessorandthegoverningbodyofthecountyinvolvedareunableto
4847 35resolvethedifferences,inordertoreceivestatecost-sharefundsoutlinedinsection137.750,
4948 36thecountyortheassessorshallpetitiontheadministrativehearingcommission,byMayfirst,
5049 37todecideallmattersindisputeregardingtheassessmentmaintenanceplan.Uponagreement
5150 38oftheparties,themattermaybestayedwhilethepartiesproceedwithmediationor
5251 39arbitrationupontermsagreedtobytheparties.Thefinaldecisionoftheadministrative
5352 40hearingcommissionshallbesubjecttojudicialreviewinthecircuitcourtofthecounty
5453 41involved.Intheeventavaluationofsubclass(1)realpropertywithinanycountywitha
5554 42charterformofgovernment,orwithinacitynotwithinacounty,ismadebyacomputer,
5655 43computer-assistedmethodoracomputerprogram,theburdenofproof,supportedbyclear,
5756 44convincingandcogentevidencetosustainsuchvaluation,shallbeontheassessoratany
5857 45hearingorappeal.Inanysuchcounty,unlesstheassessorprovesotherwise,thereshallbea
5958 46presumptionthattheassessmentwasmadebyacomputer,computer-assistedmethodora
6059 47computerprogram.Suchevidenceshallinclude,butshallnotbelimitedto,thefollowing:
6160 48 (1)Thefindingsoftheassessorbasedonanappraisalofthepropertybygenerally
6261 49acceptedappraisaltechniques;and
6362 50 (2)Thepurchasepricesfromsalesofatleastthreecomparablepropertiesandthe
6463 51addressorlocationthereof.Asusedinthissubdivision,theword"comparable"meansthat:
6564 52 (a)Suchsalewasclosedatadaterelevanttothepropertyvaluation;and
6665 53 (b)Suchpropertiesarenotmorethanonemilefromthesiteofthedisputedproperty,
6766 54exceptwherenosimilarpropertiesexistwithinonemileofthedisputedproperty,thenearest
68-HCSHB1906 2 55comparablepropertyshallbeused.Suchpropertyshallbewithinfivehundredsquarefeetin
69-56sizeofthedisputedproperty,andresemblethedisputedpropertyinage,floorplan,numberof
67+55comparablepropertyshallbeused.Suchpropertyshallbewithinfivehundredsquarefeetin
68+HCSHB1906 2 56sizeofthedisputedproperty,andresemblethedisputedpropertyinage,floorplan,numberof
7069 57rooms,andotherrelevantcharacteristics.
7170 58 2.AssessorsineachcountyofthisstateandtheCityofSt.Louismaysendpersonal
7271 59propertyassessmentformsthroughthemail.
7372 60 3.Thefollowingitemsofpersonalpropertyshalleachconstituteseparatesubclasses
7473 61oftangiblepersonalpropertyandshallbeassessedandvaluedforthepurposesoftaxationat
7574 62thefollowingpercentagesoftheirtruevalueinmoney:
7675 63 (1)Grainandotheragriculturalcropsinanunmanufacturedcondition,one-halfof
7776 64onepercent;
7877 65 (2)Livestock,twelvepercent;
7978 66 (3)Farmmachinery,twelvepercent;
8079 67 (4)Motorvehicleswhichareeligibleforregistrationasandareregisteredashistoric
8180 68motorvehiclespursuanttosection301.131andaircraftwhichareatleasttwenty-fiveyears
8281 69oldandwhichareusedsolelyfornoncommercialpurposesandareoperatedlessthantwo
8382 70hundredhoursperyearoraircraftthatarehomebuiltfromakit,fivepercent;
8483 71 (5)Poultry,twelvepercent;and
8584 72 (6)Toolsandequipmentusedforpollutioncontrolandtoolsandequipmentusedin
8685 73retoolingforthepurposeofintroducingnewproductlinesorusedformakingimprovements
8786 74toexistingproductsbyanycompanywhichislocatedinastateenterprisezoneandwhichis
8887 75identifiedbyanystandardindustrialclassificationnumbercitedinsubdivision(7)ofsection
8988 76135.200,twenty-fivepercent.
9089 77 4.Thepersonlistingthepropertyshallenteratrueandcorrectstatementofthe
9190 78property,inaprintedblankpreparedforthatpurpose.Thestatement,afterbeingfilledout,
9291 79shallbesignedandeitheraffirmedorsworntoasprovidedinsection137.155.Thelistshall
9392 80thenbedeliveredtotheassessor.
9493 81 5.(1)Allsubclassesofrealproperty,assuchsubclassesareestablishedinSection4
9594 82(b)ofArticleXoftheMissouriConstitutionanddefinedinsection137.016,shallbeassessed
9695 83atthefollowingpercentagesoftruevalue:
9796 84 (a)Forrealpropertyinsubclass(1),nineteenpercent;
9897 85 (b)Forrealpropertyinsubclass(2),twelvepercent;and
9998 86 (c)Forrealpropertyinsubclass(3),thirty-twopercent.
10099 87 (2)Ataxpayermayapplytothecountyassessor,or,ifnotlocatedwithinacounty,
101100 88thentheassessorofsuchcity,forthereclassificationofsuchtaxpayer'srealpropertyiftheuse
102101 89orpurposeofsuchrealpropertyischangedaftersuchpropertyisassessedunderthe
103102 90provisionsofthischapter.Iftheassessordeterminesthatsuchpropertyshallbereclassified,
104-HCSHB1906 3 91heorsheshalldeterminetheassessmentunderthissubsectionbasedonthepercentageofthe
103+91heorsheshalldeterminetheassessmentunderthissubsectionbasedonthepercentageofthe
105104 92taxyearthatsuchpropertywasclassifiedineachsubclassification.
106-93 6.Manufacturedhomes,asdefinedinsection700.010,whichareactuallyusedas
105+HCSHB1906 3 93 6.Manufacturedhomes,asdefinedinsection700.010,whichareactuallyusedas
107106 94dwellingunitsshallbeassessedatthesamepercentageoftruevalueasresidentialreal
108107 95propertyforthepurposeoftaxation.Thepercentageofassessmentoftruevalueforsuch
109108 96manufacturedhomesshallbethesameasforresidentialrealproperty.Ifthecountycollector
110109 97cannotidentifyorfindthemanufacturedhomewhenattemptingtoattachthemanufactured
111110 98homeforpaymentoftaxesowedbythemanufacturedhomeowner,thecountycollectormay
112111 99requestthecountycommissiontohavethemanufacturedhomeremovedfromthetaxbooks,
113112 100andsuchrequestshallbegrantedwithinthirtydaysaftertherequestismade;however,the
114113 101removalfromthetaxbooksdoesnotremovethetaxlienonthemanufacturedhomeifitis
115114 102lateridentifiedorfound.Forpurposesofthissection,amanufacturedhomelocatedina
116115 103manufacturedhomerentalpark,rentalcommunityoronrealestatenotownedbythe
117116 104manufacturedhomeownershallbeconsideredpersonalproperty.Forpurposesofthis
118117 105section,amanufacturedhomelocatedonrealestateownedbythemanufacturedhomeowner
119118 106maybeconsideredrealproperty.
120119 107 7.Eachmanufacturedhomeassessedshallbeconsideredaparcelforthepurposeof
121120 108reimbursementpursuanttosection137.750,unlessthemanufacturedhomeisdeemedtobe
122121 109realestateasdefinedinsubsection7ofsection442.015andassessedasarealtyimprovement
123122 110totheexistingrealestateparcel.
124123 111 8.Anyamountoftaxdueandowingbasedontheassessmentofamanufactured
125124 112homeshallbeincludedonthepersonalpropertytaxstatementofthemanufacturedhome
126125 113ownerunlessthemanufacturedhomeisdeemedtoberealestateasdefinedinsubsection7of
127126 114section442.015,inwhichcasetheamountoftaxdueandowingontheassessmentofthe
128127 115manufacturedhomeasarealtyimprovementtotheexistingrealestateparcelshallbe
129128 116includedontherealpropertytaxstatementoftherealestateowner.
130129 117 9.Theassessorofeachcountyandeachcitynotwithinacountyshallusethetrade-in
131130 118valuepublishedintheOctoberissueoftheNationalAutomobileDealers'AssociationOfficial
132131 119UsedCarGuide,oritssuccessorpublication,astherecommendedguideofinformationfor
133132 120determiningthetruevalueofmotorvehiclesdescribedinsuchpublication.Theassessorshall
134133 121notuseavaluethatisgreaterthantheaveragetrade-invalueindeterminingthetruevalueof
135134 122themotorvehiclewithoutperformingaphysicalinspectionofthemotorvehicle.Forvehicles
136135 123twoyearsoldornewerfromavehicle'smodelyear,theassessormayuseavalueotherthan
137136 124averagewithoutperformingaphysicalinspectionofthemotorvehicle.Intheabsenceofa
138137 125listingforaparticularmotorvehicleinsuchpublication,theassessorshallusesuch
139138 126informationorpublicationswhichintheassessor'sjudgmentwillfairlyestimatethetrue
140139 127valueinmoneyofthemotorvehicle.
141-HCSHB1906 4 128 10.Beforetheassessormayincreasetheassessedvaluationofanyparcelofsubclass
140+128 10.Beforetheassessormayincreasetheassessedvaluationofanyparcelofsubclass
142141 129(1)realpropertybymorethanfifteenpercentsincethelastassessment,excludingincreases
143-130duetonewconstructionorimprovements,theassessorshallconductaphysicalinspectionof
142+HCSHB1906 4 130duetonewconstructionorimprovements,theassessorshallconductaphysicalinspectionof
144143 131suchproperty.
145144 132 11.Ifaphysicalinspectionisrequired,pursuanttosubsection10ofthissection,the
146145 133assessorshallnotifythepropertyownerofthatfactinwritingandshallprovidetheowner
147146 134clearwrittennoticeoftheowner'srightsrelatingtothephysicalinspection.Ifaphysical
148147 135inspectionisrequired,thepropertyownermayrequestthataninteriorinspectionbe
149148 136performedduringthephysicalinspection.Theownershallhavenolessthanthirtydaysto
150149 137notifytheassessorofarequestforaninteriorphysicalinspection.
151150 138 12.Aphysicalinspection,asrequiredbysubsection10ofthissection,shallinclude,
152151 139butnotbelimitedto,anon-sitepersonalobservationandreviewofallexteriorportionsofthe
153152 140landandanybuildingsandimprovementstowhichtheinspectorhasormayreasonablyand
154153 141lawfullygainexternalaccess,andshallincludeanobservationandreviewoftheinteriorof
155154 142anybuildingsorimprovementsonthepropertyuponthetimelyrequestoftheownerpursuant
156155 143tosubsection11ofthissection.Mereobservationofthepropertyviaadrive-byinspectionor
157156 144thelikeshallnotbeconsideredsufficienttoconstituteaphysicalinspectionasrequiredby
158157 145thissection.
159158 146 13.Acountyorcitycollectormayacceptcreditcardsasproperformofpaymentof
160159 147outstandingpropertytaxorlicensedue.Nocountyorcitycollectormaychargesurchargefor
161160 148paymentbycreditcardwhichexceedsthefeeorsurchargechargedbythecreditcardbank,
162161 149processor,orissuerforitsservice.Acountyorcitycollectormayacceptpaymentby
163162 150electronictransfersoffundsinpaymentofanytaxorlicenseandchargethepersonmaking
164163 151suchpaymentafeeequaltothefeechargedthecountybythebank,processor,orissuerof
165164 152suchelectronicpayment.
166165 153 14.Anycountyorcitynotwithinacountyinthisstatemay,byanaffirmativevoteof
167166 154thegoverningbodyofsuchcounty,optoutoftheprovisionsofthissectionandsections
168167 155137.073,138.060,and138.100asenactedbyhousebillno.1150oftheninety-firstgeneral
169168 156assembly,secondregularsessionandsection137.073asmodifiedbyhousecommittee
170169 157substituteforsenatesubstituteforsenatecommitteesubstituteforsenatebillno.960,ninety-
171170 158secondgeneralassembly,secondregularsession,forthenextyearofthegeneral
172171 159reassessment,priortoJanuaryfirstofanyyear.Nocountyorcitynotwithinacounty
173172 160shallexercisethisopt-outprovisionafterimplementingtheprovisionsofthissectionand
174173 161sections137.073,138.060,and138.100asenactedbyhousebillno.1150oftheninety-first
175174 162generalassembly,secondregularsessionandsection137.073asmodifiedbyhouse
176175 163committeesubstituteforsenatesubstituteforsenatecommitteesubstituteforsenatebillno.
177176 164960,ninety-secondgeneralassembly,secondregularsession,inayearofgeneral
178-HCSHB1906 5 165reassessment.Forthepurposesofapplyingtheprovisionsofthissubsection,apolitical
177+165reassessment.Forthepurposesofapplyingtheprovisionsofthissubsection,apolitical
179178 166subdivisioncontainedwithintwoormorecountieswhereatleastoneofsuchcountieshas
180-167optedoutandatleastoneofsuchcountieshasnotoptedoutshallcalculateasingletaxrateas
179+HCSHB1906 5 167optedoutandatleastoneofsuchcountieshasnotoptedoutshallcalculateasingletaxrateas
181180 168ineffectpriortotheenactmentofhousebillno.1150oftheninety-firstgeneralassembly,
182181 169secondregularsession.Agoverningbodyofacitynotwithinacountyoracountythathas
183182 170optedoutundertheprovisionsofthissubsectionmaychoosetoimplementtheprovisionsof
184183 171thissectionandsections137.073,138.060,and138.100asenactedbyhousebillno.1150of
185184 172theninety-firstgeneralassembly,secondregularsession,andsection137.073asmodifiedby
186185 173housecommitteesubstituteforsenatesubstituteforsenatecommitteesubstituteforsenatebill
187186 174no.960,ninety-secondgeneralassembly,secondregularsession,forthenextyearofgeneral
188187 175reassessment,byanaffirmativevoteofthegoverningbodypriortoDecemberthirty-firstof
189188 176anyyear.
190189 177 15.Thegoverningbodyofanycityofthethirdclassificationwithmorethantwenty-
191190 178sixthousandthreehundredbutfewerthantwenty-sixthousandsevenhundredinhabitants
192191 179locatedinanycountythathasexerciseditsauthoritytooptoutundersubsection14ofthis
193192 180sectionmaylevyseparateanddifferingtaxratesforrealandpersonalpropertyonlyifsuch
194193 181citybillsandcollectsitsownpropertytaxesorsatisfiestheentirecostofthebillingand
195194 182collectionofsuchseparateanddifferingtaxrates.Suchseparateanddifferingratesshallnot
196195 183exceedsuchcity'staxrateceiling.
197196 184 16.Anyportionofrealpropertythatisavailableasreserveforstrip,surface,orcoal
198197 185miningformineralsforpurposesofexcavationforfutureuseorsaletoothersthathasnot
199198 186beenbondedandpermittedunderchapter444shallbeassessedbaseduponhowthereal
200199 187propertyiscurrentlybeingused.Anyinformationprovidedtoacountyassessor,statetax
201200 188commission,stateagency,orpoliticalsubdivisionresponsiblefortheadministrationoftax
202201 189policiesshall,intheperformanceofitsduties,makeavailableallbooks,records,and
203202 190informationrequested,exceptsuchbooks,records,andinformationasarebylawdeclared
204203 191confidentialinnature,includingindividuallyidentifiableinformationregardingaspecific
205204 192taxpayerortaxpayer'smineproperty.Forpurposesofthissubsection,"mineproperty"shall
206205 193meanallrealpropertythatisinuseorreadilyavailableasareserveforstrip,surface,orcoal
207206 194miningformineralsforpurposesofexcavationforcurrentorfutureuseorsaletoothersthat
208207 195hasbeenbondedandpermittedunderchapter444.
209208 196 17.(1)Exceptasprovidedundersections137.017and137.021,and
210209 197notwithstandinganyotherprovisionofthissectionoranyotherprovisionoflawto
211210 198thecontrary,beginningJanuary1,2025,thetruevalueinmoneyofallresidentialreal
212211 199propertymaintainedandusedbytheownerasaprimaryresidenceforassessment
213212 200purposesshallbethesamevaluedeterminedatthemostrecentpreviousassessmentof
214213 201thepropertyasdeterminedonorbeforeDecember31,2024,subjecttothefollowing:
215-HCSHB1906 6 202 (a)Forallresidentialrealpropertymaintainedandusedbytheownerasa
214+202 (a)Forallresidentialrealpropertymaintainedandusedbytheownerasa
216215 203primaryresidencethatisbought,transferred,sold,assigned,orotherwiseconveyedon
217-204orafterJanuary1,2025,thetruevalueinmoneyofsuchpropertyforassessment
216+HCSHB1906 6 204orafterJanuary1,2025,thetruevalueinmoneyofsuchpropertyforassessment
218217 205purposesshallnotexceedthemostrecentpurchasepriceofsuchrealproperty.Such
219218 206truevalueinmoneyshallbethetruevalueinmoneyforallsubsequentassessmentsuntil
220219 207thenextsaleofsuchproperty,ortheconditionsunderparagraph(b)ofthissubdivision
221220 208aremet,subjecttotheprovisionsofsection137.082andtheprovisionsofsubdivisions
222221 209(3)and(4)ofthissubsection;or
223222 210 (b)Forallassessmentsofresidentialrealpropertymaintainedandusedbythe
224223 211ownerasaprimaryresidenceonorafterJanuary1,2025,theassessedvaluationofsuch
225224 212propertymaybeincreasedfromtheassessedvaluationofsuchpropertydeterminedat
226225 213itsmostrecentpreviousassessmentortheassessedvalueatthemostrecenttimeofsale
227226 214underparagraph(a)ofthissubdivisionbutonlytotheextentthatsuchanincrease
228227 215reflectsthevalueaddedtothepropertyasaresultofnewconstructionorimprovements
229228 216madetothepropertywheretheaddedvalueequalsafiftypercentincreaseorgreaterin
230229 217theassessedvaluationoftheproperty.Theassessorshallestablishanewassessed
231230 218valuation,whichshallbethetruevalueinmoneyforallsubsequentassessmentsuntil
232231 219theconditionsunderthisparagrapharemetagainorthenextsaleofsuchproperty
233232 220underparagraph(a)ofthissubdivision,subjecttotheprovisionsofsection137.082and
234233 221theprovisionsofsubdivisions(3)and(4)ofthissubsection.
235234 222 (2)Ifatransactionunderthissubsectionresultsinasalethatisbelowmarket
236235 223value,theassessorshallprovideevidencetotheboardofequalizationorother
237236 224equivalententitythatsuchsalepriceshouldnotbeusedtodeterminethenewtruevalue
238237 225inmoneyforassessmentpurposes.
239238 226 (3)Theownershallnotifytheassessorofsuchnewconstructionor
240239 227improvementssothatareassessmentcanbemade.
241240 228 (4)Participationintheassessedvaluationprovisionsunderthissubsectionis
242241 229optional.Anownerelectingtoparticipateintheassessedvaluationprovisionsunder
243242 230thissubsectionmayoptinbynotifyingtheassessor'sofficeofsuchelection.Ifsuch
244243 231electionisnotmade,theresidentialrealpropertymaintainedandusedbytheownerasa
245244 232primaryresidenceshallbeassessedundertheassessmentprocessinexistenceonor
246245 233beforeDecember31,2024.
247246 234 (5)Theprovisionsofthissubsectionshallnotaffecttheabilityofanycounty
248247 235assessortocarryoutanyotherdutiesunderthischapterorlocalorgenerallaw.
249248 âś”
250249 HCSHB1906 7