On August 28, 2020, some statutes related to property taxation were amended.

December 17th, 2020

On August 28, 2020, the following statutes related to property taxation were amended:

Section 137.115 RSMo. was amended by SB 676.  Beginning with the 2021 reassessment cycle, before the assessor of any county may increase the assessed valuation of any residential real property by more than 15% since the last assessment, excluding increases due to new construction or improvements, the assessor shall conduct a physical inspection of such property.

  • This amendment applies to all Missouri counties.
  • The assessor must notify the property owner of the increase in writing and provide information regarding the owner’s rights relating to a physical inspection.

Sections 137.385 and 138.090 RSMo. were amended by SB 676.  Beginning with the 2021 reassessment cycle, taxpayers in any county shall appeal to the board of equalization before the second Monday in July, and the board may, in its discretion, extend the time for filing such appeals.  All boards of equalization shall meet on the third Monday in July.  However, upon a finding by any board of equalization that it is necessary in order to fairly hear all cases arising from a general reassessment, the board may begin meeting after July first in any applicable year to timely consider any appeal or complaint resulting from an evaluation made during a general reassessment of all taxable real property and possessory interests in the county.

  • These provisions:
    • align the filing deadlines of boards of equalization for all counties in Missouri;
    • provide taxpayers in some counties with additional time to file an appeal;
    • align starting dates for board of equalization hearings across Missouri.

Section 138.060 RSMo. was amended by SB 676.  Beginning with the 2021 reassessment cycle, in any county, if the assessed valuation of any property increased more than 15% from the previous assessment, unless the increase is due to new construction or improvement, the assessor shall have the burden to prove that the assessor’s valuation does not exceed the true market value of the subject property.  In any county, if a physical inspection of the subject property is required by subsection 10 of section 137.115, the assessor shall have the burden to establish the manner in which the physical inspection was performed and shall have the burden to prove that the physical inspection was performed in accordance with section 137.115.  In any county, in the event the assessor fails to provide sufficient evidence to establish that the physical inspection was performed in accordance with section 137.115, the property owner shall prevail on the appeal as a matter of law.

  • This provision, by its plain and ordinary meaning, applies to appeals before the board of equalization and not to appeals before the State Tax Commission.