SB853

Missouri SB853 modifies property tax assessment procedures and notice requirements.

Missouri SB853 modifies provisions relating to property tax assessments by changing the notice requirements for property owners when their property valuations are increased. It mandates that assessors notify property owners of any increase in valuation either in person or by mail. The bill also requires the county to notify the property owner of the projected tax liability resulting from the increase. Additionally, it outlines the contents of the notice, including the previous assessed value, the projected tax rate, and the contact information for political subdivisions levying taxes.