Mo. Rev. Stat. ch. 137 – Assessment and Levy of Property Taxes | Midpage

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Revised Statutes of Missouri

Chapter 137

Mo. Rev. Stat. ch. 137

Assessment and Levy of Property Taxes

137.010Definitions 137.015Classification of property 137.016Real property, subclasses of, defined — political subdivision may adjust operating levy to recoup revenue, when — reclassification to apply, when — placement of certain property within proper subclass, factors considered 137.017Agricultural and horticultural property, how assessed 137.018Certain merchandise exempt from ad valorem taxes 137.021Grading of land for valuation, agricultural and horticultural land, factors to be considered — split-off, effect of 137.022Private car company, defined — subject to assessment and taxation, manner 137.023Rules and regulations — promulgation, procedure 137.030Levy for library purposes 137.035What taxes to be assessed, levied, and collected in counties 137.037Levy to pay cost of property reevaluation — election — form of ballot 137.040Procedure for assessing, levying, and collecting additional taxes — limitations — conditions 137.045Assessment, levy, and collection not to be made except as provided — penalty 137.055County commission to fix rate of tax, when, exceptions — public hearing to be held, when, notice, effect 137.060Action of county commission to be entered of record 137.065Limit of county taxes — increase, election, ballot — reduction not necessary, when 137.070Apportionment in counties having township organization 137.072School districts and political subdivisions may increase tax ceiling by vote of governing body, when 137.073Definitions — revision of prior levy, when, procedure — calculation of state aid for public schools, taxing authority's duties 137.074Merchants' and manufacturers' personal property excluded in tax rate calculations, when — identified separately, how — real property records to contain certain information 137.075What property liable for taxes 137.076Valuation by assessor, factors to be considered — income-based approach for assessment of parcels 137.078Depreciation schedules for broadcasting equipment, definitions — true value in money, how determined — tables 137.079Business personal property, excludes from total assessed valuation a portion of assessed valuation for property subject to appeal 137.080Annual assessment date — subclasses of tangible personal property 137.081New political subdivisions, assessment, effective when 137.082New construction, assessment of upon occupancy, how — payment of taxes, when — county assessor, duties — county option — natural disasters, assessment reduction allowed, effect 137.083Assessor in counties of third classification may make changes in assessor's book, when, content, effective when county elects to adopt 137.085Government lands become taxable, when — state lien on real property, extent of 137.090Tangible personal property to be assessed in county of owner's residence — exceptions — apportionment of assessment of tractors and trailers 137.092Rental or leasing facilities to submit lessee lists 137.095Corporate property, where taxed — tractors and trailers 137.098College fraternity and sorority real property, how assessed 137.100Certain property exempt from taxes 137.1000Title, effective date 137.1003Definitions 137.1006Powers of commission 137.1009Commission to prescribe report forms — penalty for failure to submit reports — mailing requirements — annual mileage reporting, when 137.101Charitable organizations, exemption from property taxes — assessor's duties 137.1012Aggregate valuation of distributable freight line company property by the commission — procedure 137.1015Review of original assessment, when — procedures 137.1018Statewide average rate of property taxes levied, ascertained by the commission — report submitted — taxes collected, how determined — tax credit authorized — sunset provision 137.1021Deposit of taxes collected into county private car tax trust fund — apportionment to counties 137.1024Director to notify attorney general of failure to pay taxes due 137.1027Attorney general to institute a suit, when — property subject to seizure, when 137.1030Contingent procedures for freight line company taxes, effective when 137.1040Tax imposed for upkeep and maintenance of cemeteries (Counties not adopting an alternative form of government)137.1050Homestead property tax credit, persons 62 or older — definitions — credit amount — ordinance or referendum, ballot language — application of credit to tax liability — notification to political subdivisions 137.1055Homestead property tax credit, certain counties — definitions — credit amount — notification 137.110Assessment blanks, books and supplies, furnished, when 137.112Deferred maintenance, defined 137.113Scope of sections 137.114Assessment of deferred maintenance improvements postponed — eligibility requirements 137.115Real and personal property, assessment — classes of property, assessment — physical inspection required, when, procedure — opt-out provision — mine property assessment 137.116Department of revenue to furnish lists of motor vehicles 137.117Recorder to furnish list of real estate transfers (third and fourth class counties)137.119Filing of subdivision plat not to affect classification or increase appraised value — exception 137.120Property list, contents 137.122Depreciable tangible personal property — definitions — standardized schedule to be used — valuation table — exceptions 137.123Wind energy property, true value calculation for assessment purposes — original costs, how determined — enterprise zone agreements allowed 137.125Procedure in case of absence from property and of death 137.130Assessor to make physical inspection, when — assessment 137.135Duplicate list to be left if made during absence of owner 137.150Assessor and other officers to administer oaths — failure of assessor — penalty 137.155Form of oath — refusal to make oath — penalty 137.160Assessment of discovered real property — notice to state tax commission 137.165Procedure of assessing real estate omitted from tax books 137.170Each tract of land charged with its own taxes — notice to owner 137.175Failure to assess taxable property — method of subsequent assessments 137.177Building permits in certain second class counties, when required — application, fee, issuance — list given assessor — misdemeanor 137.180Valuation increased — assessor to notify owner — appeals to county board of equalization — notice to owners required, when, contents 137.185Tracts less than one-sixteenth of a section 137.190Penalty for violation of section 137.185 137.195County commissions to procure plats from United States land office 137.200Plats or maps lost — duty of county commissions 137.205Assessor to have free access to plats and maps — board to compare — omissions 137.210Assessor to examine and compare lists — assessor's book 137.215Books to be divided into two parts — land list and personal property list — method of making list 137.220Assessor to prepare plats to all tracts and lots 137.225Assessor to be provided with real estate book and personal assessment book 137.230When section 137.225 does not apply 137.235Assessor's books to have three columns for values — extension of taxes 137.237Tax-exempt properties, assessor to compile list for state tax commission 137.240County commissions to furnish additional books when necessary 137.243Projected tax liability, assessor to provide clerk with assessment book — abstract required — political subdivisions to informally project a nonbinding tax levy, procedure 137.245Assessor to prepare and return assessor's book, verification — clerk to abstract — failure, a misdemeanor — clerk to forward copy of valuations, to whom, when 137.250List lost or destroyed — new assessment to be made 137.260County clerk to correct tax book 137.265Assessment not illegal because of informality in making 137.270County commission to hear and determine erroneous assessments 137.275Appeals to county board of equalization — lodged where 137.285Double assessment for making fraudulent list 137.290Clerk to extend taxes in assessor's book, authentication as tax book, delivery to collector — electronic format authorized 137.295Clerk to make statement 137.298Cities may pass ordinance to include charges for outstanding parking tickets on personal property tax bill — personal property tax receipt, issued when — cities may enter into agreements with county to include outstanding vehicle-related fees and fines on personal property tax bill 137.300Supplemental tax book 137.305Supplemental tax book same validity and force 137.320Penalty for clerk's neglect or refusal — evidence 137.325Sections 137.325 to 137.420 applicable to first class counties 137.335Blanks for assessment to be designed by state tax commission — time of making assessment 137.340Taxpayer to file return listing all tangible personal property 137.350Assessment of estates — duty of guardian 137.355Notice of increased assessment of listed property — notice to owners, when, contents 137.360Form of oath — penalty for refusal — lists filed with county clerk 137.375Assessor to deliver book, when — affidavit — duty of county clerk — penalty for failure 137.380Procedure when assessor's lists cannot be included in one book 137.385Appeal from assessment — form — time for filing 137.390County commission to determine tax rate 137.392Clerk to deliver tax books to collector, when — extension of time 137.395County commission to establish system of bookkeeping 137.400County reimbursed for abstract furnished to any city, town or village 137.405Certain sections not applicable to property assessed by state tax commission 137.410Inconsistent laws not applicable 137.415County commission of first class charter county to furnish recorder with land list — compensation to recorder — penalty 137.420False certification a misdemeanor 137.425Tax levy, how made in counties with township organization — assessment book, how prepared 137.435Real property assessed, how and where 137.440Assessment of real and tangible property 137.445Assessor's books — how made 137.450Assessment lists to be filed with county clerk 137.465County clerk to submit lists of property — abstracts of all real property 137.470County clerk to estimate state, county, township, school, bridge and other tax 137.475County clerk to deliver assessment roll to collector 137.480State tax commission to instruct and advise county clerks 137.485Constitutional charter cities subject to the provisions of sections 137.485 to 137.550 137.490Dates of beginning and completing assessment — assessment must be uniform — notice to owners, when, contents 137.495Property owners to file return listing tangible personal property, when — filing on next business day when filing date is on a Saturday or Sunday 137.500Assessment blanks, distribution, how signed — penalty 137.505Failure to file return — duty of assessor 137.510Assessor's books — method of preparation — date to be completed 137.512Notice as to time and place of inspection of assessment records 137.515Assessor to make abstract of books, when — copies certified 137.520Assessor to extend book — make tax bills 137.525Duties of city comptroller 137.535Assessor to make daily record of transfers of property 137.540False returns — board of equalization notified — duties of board 137.545False returns — penalty 137.550Provisions of sections 137.485 to 137.550 to supersede any conflicting provisions in city charter 137.554Portion of tax expended on city streets, city to designate where and how spent 137.555Special road and bridge tax, how levied, collected and disbursed 137.556One-fourth of tax expended on city streets in certain counties — exception, St. Francois County 137.557Establishment of county-urban road systems — portion of special road and bridge tax may be expended on system roads — advisory board (Kansas City urban area)137.558County-urban road system — refunds to cities — county-arterial roads (St. Louis County)137.559Portion of road bond construction fund may be expended on system roads 137.560Special road and bridge fund to be a separate fund on all accounting statements of county 137.565Election for tax — petition — duty of county commission 137.570Form of ballot 137.575County commission to make levy — how collected 137.580County commission to refund special road and bridge tax to incorporated city, town or village 137.585Township special road and bridge tax, how levied, collected and disbursed 137.590Such funds to be shown as separate items 137.595Taxes — how collected — how kept 137.600Railroad, telegraph and telephone taxes — rate — how collected and disbursed 137.715Clerks and deputies, appointment, compensation, how paid 137.720Percentage of ad valorem property tax collections to be deducted for deposit in county assessment fund — additional deductions (St. Louis City and all counties)137.721Percentage of ad valorem property tax collections to be deposited in county assessment fund (certain first class counties)137.722Percentage of ad valorem property tax collection to be deposited in county assessment fund (certain second class counties)137.725Assessors, clerks, deputies, salaries and expenses to be paid from assessment fund 137.750Assessment and equalization maintenance plan, payment of portion of expenses by state, amount, procedure — qualified costs and expenses 137.900Definitions 137.910Personal property in transit through state or consigned in transit to warehouse, exempt from taxes, exceptions 137.920Warehouse duty to keep records of in-transit property, in-transit defined 137.930Forms for no-situs, tax exemptions, procedure 137.940Reconsignment of in-transit property to final destination in state, assessed and taxed, when 137.950Evasion of taxes — civil action to recover taxes, costs and attorney's fee 137.960False statements to assessors — penalty 137.975Annual reports to be filed, form, content 137.977Failure to file, penalty — waiver of penalty, when — report deemed filed, when 137.979Commission to assess, adjust and equalize aggregate valuation — operations extending into another state, effect 137.981Administrative and judicial review procedure authorized for private car companies 137.983Private car companies not subject to ad valorem taxation, when 137.985Commission to apportion aggregate value to each county levying an ad valorem property tax — apportionment, how computed — school districts valuation to be same, how taxed and distributed