Title X — TAXATION AND REVENUE

137.010. Definitions. — The following words, terms and phrases when used in laws governing taxation and revenue in the state of Missouri shall have the meanings ascribed to them in this section, except when the context clearly indicates a different meaning: (1) "Grain and other a…

137.015. Classification of property. — All property in Missouri shall be classified for tax purposes as follows: Class one, real property; class two, tangible personal property; class three, intangible personal property. ­­-------- (L. 1945 p. 1799 § 2) CROSS REFERENCE: Property …

137.016. Real property, subclasses of, defined — political subdivision may adjust operating levy to recoup revenue, when — reclassification to apply, when — placement of certain property within proper subclass, factors considered. — 1. As used in Section 4(b) of Article X of the …

137.017. Agricultural and horticultural property, how assessed. — 1. For general property assessment purposes, the true value in money of land which is in use as agricultural and horticultural property, as defined in section 137.016, shall be that value which such land has for ag…

137.018. Certain merchandise exempt from ad valorem taxes. — 1. As used in this section, the term "merchandise" shall include short-term rentals of equipment and other merchandise offered for short-term rentals by rental companies under 532412 or 532210 of the 2012 edition of the…

137.021. Grading of land for valuation, agricultural and horticultural land, factors to be considered — split-off, effect of. — 1. The assessor, in grading land which is devoted primarily to the raising and harvesting of crops, to the feeding, breeding and management of livestock…

137.022. Private car company, defined — subject to assessment and taxation, manner. — 1. As used in this section, "private car company" means any person, association, company or corporation, not being the owner or lessee of a railroad or street railway company, engaged in the bus…

137.023. Rules and regulations — promulgation, procedure. — No rule or portion of a rule promulgated under the authority of this chapter shall become effective unless it has been promulgated pursuant to the provisions of section 536.024. ­­-------- (L. 1994 H.B. 1161, A.L. 1995 S…

137.030. Levy for library purposes. — 1. Any county, or other political subdivision otherwise authorized by law to support and conduct a library, may levy for library purposes in addition to the limits prescribed in Article X of the Constitution a rate of taxation on all property…

137.035. What taxes to be assessed, levied, and collected in counties. — The following named taxes shall hereafter be assessed, levied and collected in the several counties in this state, and only in the manner, and not to exceed the rates prescribed by the constitution and laws …

137.037. Levy to pay cost of property reevaluation — election — form of ballot. — 1. The county commission of any county may, at any election, submit to the voters of the county a proposition to authorize a levy not to exceed two mills on the dollar of assessed valuation of all t…

137.040. Procedure for assessing, levying, and collecting additional taxes — limitations — conditions. — 1. No other tax for any purpose shall be assessed, levied or collected, except under the following limitations and conditions, viz: The prosecuting attorney or county counselo…

137.045. Assessment, levy, and collection not to be made except as provided — penalty. — 1. Any county commissioner or other county officer in this state who shall assess, levy or collect, or who shall attempt to assess, levy or collect, or cause to be assessed, levied or collect…

137.055. County commission to fix rate of tax, when, exceptions — public hearing to be held, when, notice, effect. — 1. After the assessor's book of each county, except in any city not within a county or any county with a charter form of government, shall be corrected and adjuste…

137.060. Action of county commission to be entered of record. — Whenever the county commission ascertains the amount to be raised for county purposes, and fixes the rate of county taxes, it shall cause the same to be entered of record, so as to show the whole amount to be raised.…

137.065. Limit of county taxes — increase, election, ballot — reduction not necessary, when. — 1. For county purposes the annual tax on property, not including taxes for the payment of valid bonded indebtedness or renewal bonds issued in lieu thereof, shall not exceed the rates h…

[Repealed or reserved.]

137.072. School districts and political subdivisions may increase tax ceiling by vote of governing body, when. — It is the intent of the general assembly under authority of Section 10(c) of Article X of the Constitution of Missouri that a political subdivision, including a school…

*137.073. Definitions — revision of prior levy, when, procedure — calculation of state aid for public schools, taxing authority's duties. — 1. As used in this section, the following terms mean: (1) "General reassessment", changes in value, entered in the assessor's books, of a su…

137.074. Merchants' and manufacturers' personal property excluded in tax rate calculations, when — identified separately, how — real property records to contain certain information. — 1. For the purpose of determining any tax rate under section 137.073, or other applicable provis…

137.075. What property liable for taxes. — Every person owning or holding real property or tangible personal property on the first day of January, including all such property purchased on that day, shall be liable for taxes thereon during the same calendar year. ­­-------- (RSMo …

137.076. Valuation by assessor, factors to be considered — income-based approach for assessment of parcels. — 1. In establishing the value of a parcel of real property the county assessor shall consider current market conditions and previous decisions of the county board of equal…

137.078. Depreciation schedules for broadcasting equipment, definitions — true value in money, how determined — tables. — 1. For purposes of this section, the following terms shall mean: (1) "Analog equipment", all depreciable items of tangible personal property that are used dir…

137.079. Business personal property, excludes from total assessed valuation a portion of assessed valuation for property subject to appeal. — Prior to setting its rate or rates as required by section 137.073, each taxing authority shall exclude from its total assessed valuation s…

137.080. Annual assessment date — subclasses of tangible personal property. — Real estate and tangible personal property shall be assessed annually at the assessment which commences on the first day of January. For purposes of assessing and taxing tangible personal property, all …

137.081. New political subdivisions, assessment, effective when. — For purposes of assessment under this chapter, any new political subdivision that is created by approval of the voters before July first of any assessment year shall be considered effective for assessment purposes…

137.082. New construction, assessment of upon occupancy, how — payment of taxes, when — county assessor, duties — county option — natural disasters, assessment reduction allowed, effect. — 1. Notwithstanding the provisions of sections 137.075 and 137.080 to the contrary, a buildi…

137.083. Assessor in counties of third classification may make changes in assessor's book, when, content, effective when county elects to adopt. — 1. In any county of the third classification, the assessor may make changes to the assessor's book after the date of delivery pursuan…

137.085. Government lands become taxable, when — state lien on real property, extent of. — 1. Government lands entered or located on prior to the first day of January shall be taxable for that year and every year thereafter; school and swamp land and lots shall become taxable whe…

*137.090. Tangible personal property to be assessed in county of owner's residence — exceptions — apportionment of assessment of tractors and trailers. — 1. All tangible personal property of whatever nature and character situate in a county other than the one in which the owner r…

137.092. Rental or leasing facilities to submit lessee lists. — 1. As used in this section, the following terms mean: (1) "Personal property", any house trailer, manufactured home, airplane, or aircraft; (2) "Rental or leasing facility", any manufactured home park, manufactured h…

137.095. Corporate property, where taxed — tractors and trailers. — 1. The real and tangible personal property of all corporations operating in any county in the state of Missouri and in the City of St. Louis, and subject to assessment by county or township assessors, shall be as…

137.098. College fraternity and sorority real property, how assessed. — For the purposes of assessments of real property under chapter 137, property used for housing students owned by a fraternity and sorority recognized by a public or private college or university within this st…

137.100. Certain property exempt from taxes. — The following subjects are exempt from taxation for state, county or local purposes: (1) Lands and other property belonging to this state; (2) Lands and other property belonging to any city, county or other political subdivision in t…

137.1000. Title, effective date. — Sections 137.1000 to 137.1030 shall be known and may be cited as the "Private Car Ad Valorem Tax Law" and shall, notwithstanding the provisions of sections 137.975 to 137.985 to the contrary, apply to all taxable years beginning on or after Janu…

137.1003. Definitions. — As used in sections 137.1000 to 137.1030, the following terms mean: (1) "Commission", the state tax commission; (2) "Director", the director of revenue; (3) "Distributable property", all property which is used directly in the movement of passengers and fr…

137.1006. Powers of commission. — The commission shall have the exclusive power of original assessment of the distributable property of freight line companies. ­­-------- (L. 1999 S.B. 219)

137.1009. Commission to prescribe report forms — penalty for failure to submit reports — mailing requirements — annual mileage reporting, when. — 1. The form for all reports required under sections 137.1000 to 137.1030 shall be prescribed and furnished by the commission. 2. If an…

137.101. Charitable organizations, exemption from property taxes — assessor's duties. — 1. The activities of nationally affiliated fraternal, benevolent, or service organizations which promote good citizenship, humanitarian activities, or improve the physical, mental, and moral c…

137.1012. Aggregate valuation of distributable freight line company property by the commission — procedure. — 1. The commission shall assess, adjust and equalize the aggregate valuation of the distributable property of each freight line company. For the purpose of estimating the …

137.1015. Review of original assessment, when — procedures. — 1. After original assessments, adjustments and equalization by the commission have been completed, each freight line company interested therein shall be promptly notified by the action of the commission and may apply f…

137.1018. Statewide average rate of property taxes levied, ascertained by the commission — report submitted — taxes collected, how determined — tax credit authorized — sunset provision. — 1. The commission shall ascertain the statewide average rate of property taxes levied the pr…

137.1021. Deposit of taxes collected into county private car tax trust fund — apportionment to counties. — 1. The taxes collected by the director under the provisions of sections 137.1000 to 137.1030, less one percent for the cost of collection which shall be deposited in the sta…

137.1024. Director to notify attorney general of failure to pay taxes due. — Whenever any freight line company fails to pay to the director the tax due within the time prescribed in section 137.1018, it shall be the duty of the director, as soon as practical thereafter, to make a…

137.1027. Attorney general to institute a suit, when — property subject to seizure, when. — 1. Upon receipt of the statement from the director of revenue as provided in section 137.1024, it shall be the duty of the attorney general to institute a suit or suits in any court of thi…

137.1030. Contingent procedures for freight line company taxes, effective when. — In the event a final judgment of a court of competent jurisdiction shall find that all or portions of this act* is not enforceable, then without further action by the general assembly, the procedure…

137.1040. Tax imposed for upkeep and maintenance of cemeteries (Counties not adopting an alternative form of government). — 1. In addition to other levies authorized by law, the county commission in counties not adopting an alternative form of government and the proper administra…

137.1050. Homestead property tax credit, persons 62 or older — definitions — credit amount — ordinance or referendum, ballot language — application of credit to tax liability — notification to political subdivisions. — 1. For the purposes of this section, the following terms shal…

137.1055. Homestead property tax credit, certain counties — definitions — credit amount — notification. — 1. For the purposes of this section, the following terms shall mean: (1) "County", a five percent county or a zero percent county; (2) "Five percent county": (a) Any county w…

137.110. Assessment blanks, books and supplies, furnished, when. — The state tax commission shall design the necessary assessment blanks, which design shall be furnished to the assessor at least one hundred twenty days prior to January first of each year. The assessor shall purch…