Missouri SB1521 modifies property assessment notification requirements for increased property valuations.
Missouri SB1521 modifies provisions relating to notifications for increased property assessments. It mandates that assessors notify property owners of any increase in assessed value by June 15th. The notice must include information on the assessment method, basis of computation, and potential impact on tax liability. It also requires assessors to provide their website address and contact information for those without internet access.
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