SB 642 - Currently, property tax levies are required to be adjusted when there is a change in assessed value of property in a county. The new rates cannot be higher than the greater of the most recently voter-approved rate or such rate as adjusted for inflation. This act removes the inflation adjustment and limits the rates to the voter-approved rate. The act also removes the power of a political subdivision to adjust their property tax levy to account for inflationary assessment growth. Currently, when a taxpayer believes that provisions of the Missouri Constitution commonly referred to as the Hancock Amendment and which relate to limits on state and local taxation are being violated, the taxpayer must first make a formal complaint to the prosecuting attorney. This act gives taxpayers standing without making such a complaint. The taxpayer also is not required to have paid their taxes under protest to have standing. This act is identical to SB 223 (2015) and HB 275 (2015). DOMENIC SITA