Second Read and Referred S Select Committee on Property Taxes and the State Tax Commission Committee
Summary
SB 1293 repeals several existing sections of Missouri’s property‑tax code and replaces them with new rules. It forces any ballot measure that adds, changes, or modifies a real‑property tax to state the effect in dollars owed per $100,000 of market valuation. The bill also defines key tax terms and obligates counties and the City of St. Louis to notify political subdivisions of valuation changes and adjust levy rates to keep revenue roughly constant.
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