SB 105 - Bill Information - Missouri Senate

SB 105 - Cierpiot, Mike

Reduces the assessment percentage of real property

Sponsor

Cierpiot, Mike

LR Number

0684S.01I

Title

SB 105

House Handler

N/A

Journal Page

N/A

Effective Date

August 28, 2023

Committee

General Laws

Current Status

Informal Calendar S Bills for Perfection

List of 2023 Senate Bills

0684S.02F - SS Offered 0684S02.01S - SA 1 SS Adopted 0684S02.02S - SA 2 SS Offered

SS/SB 105 - Current law requires residential real property to be assessed at 19% of its true value in money. Beginning with the 2024 calendar year, this act reduces such percentage by 0.5% per year through the 2030 calendar year. Beginning with the 2031 calendar year, residential real property shall be assessed at 15% of its true value in money. JOSH NORBERG