FIRSTREGULARSESSION
[PERFECTED]
HOUSEBILLNO.388
103RDGENERALASSEMBLY
INTRODUCEDBYREPRESENTATIVEMCGAUGH.
0173H.01P JOSEPHENGLER,ChiefClerk
ANACT
Torepealsection139.053,RSMo,andtoenactinlieuthereofonenewsectionrelatingto
paymentsofpropertytaxes.
BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows:
SectionA.Section139.053,RSMo,isrepealedandonenewsectionenactedinlieu
2thereof,tobeknownassection139.053,toreadasfollows:
139.053.1.Thegoverningbodyofanycounty[, excludingtownshipcounties,] may
2byordinanceororderprovideforthepaymentofalloranypartofcurrentrealandpersonal
3propertytaxeswhichareowed,attheoptionofthetaxpayer,onanannual,semiannualor
4quarterlybasisatsuchtimesasdeterminedbysuchgoverningbody.
5 2.Theordinanceshallprovidethemethodbywhichtheamountofpropertytaxes
6owedforthecurrenttaxyearinwhichthepaymentsaretobemadeshallbeestimated.The
7collectorshallsubmittothegoverningbodytheproceduresbywhichtaxeswillbecollected
8pursuanttotheordinanceororder.Theestimateshallbebasedontheprevioustaxyear's
9liability.Ataxpayer'spaymentscheduleshallbebasedontheestimatedividedbythenumber
10ofpayperiodsinwhichpaymentsaretobemade.Thetaxpayershallattheendofthetax
11yearpayanyamountsowedinexcessoftheestimateforsuchyear.Thecountyshallatthe
12endofthetaxyearrefundtothetaxpayeranyamountspaidinexcessofthepropertytaxowed
13forsuchyear.Nointerestshallbepaidbythecountyonexcessamountsowedtothe
14taxpayer.Anyrefundpaidthetaxpayerpursuanttothissubsectionshallbeanamountpaidby
15thecountyonlyonceinacalendaryear.
EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 16 3.Ifataxpayerfailstomakeaninstallmentpaymentofaportionoftherealor
17personalpropertytaxesowedtothecounty,thensuchcountymaychargethetaxpayerinterest
18ontheamountofpropertytaxesstillowedforthatyear.
19 4.Anygoverningbodyenactingtheordinanceororderspecifiedinthissectionshall
20firstagreetoprovidethecountycollectorwithreasonableandnecessaryfundstoimplement
21theordinanceororder.
22 5.Subsection1ofthissectionshallnotapplytopaymentforrealpropertytaxesby
23financialinstitutions,asdefinedinsection381.410,whopaytaxobligationswhichthey
24servicefromescrowaccounts,asdefinedinTitle24,Part3500,Section17,CodeofFederal
25Regulation,asamended.
âś”
HB388 2