HB2416

HB2416 modifies property assessment and taxation rules in Missouri, including physical inspections and tax rates.

HB2416 modifies provisions governing the assessment and taxation of property in Missouri. It mandates physical inspections for properties with significant valuation increases, requires assessors to notify property owners of inspections, and outlines procedures for interior inspections. The bill also specifies assessment percentages for various types of property, including real estate, manufactured homes, and personal property. It allows certain cities to levy separate tax rates for real and personal property under specific conditions.