SB 860 Modifies the date by which certain political subdivisions must set property tax rates
Sponsor: Bray
LR Number: 4786S.01P Fiscal Note: 4786-01P.ORG
Committee: Ways and Means
Last Action: 5/6/2010 - HCS Voted Do Pass H Special Standing Committee on General Laws Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2010

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Current Bill Summary


SB 860 - This act prohibits the certification of ad valorem tax rates, other than rates necessary to pay principal and interest on outstanding bonds, for political subdivisions located at least partially within charter counties or the City of St. Louis which do not fix their tax rates on or before October first of each year. The act also prohibits the certification of ad valorem property tax rates, other than rates necessary to pay principal and interest on outstanding bonds, for all other political subdivisions which fail to certify their tax rate on or before September first.

JASON ZAMKUS