SB1495

Missouri SB1495 modifies penalties for delinquent property taxes, increasing annual penalties and adjusting fees for tax collectors and clerks.

Missouri SB1495 revises the penalties for delinquent property taxes. It increases the annual penalty to eighteen percent of the delinquent amount, with a cap of two percent per month for lands redeemed before sale. The bill also adjusts fees for tax collectors and clerks, setting them at ten cents per tract or lot for making and recording delinquent land lists, and five cents per tract or lot for comparing and authenticating such lists. The fees collected are to be paid into the county employees' retirement fund.