By BRENT MARTIN
St. Joseph Post
It’s official. Missourians will not have to pay taxes on those $1,200 checks they received as part of the economic stimulus package approved by Congress.
Gov. Mike Parson signed into law Senate Bill 676, sponsored by state Sen. Tony Luetkemeyer of Parkville.
Luetkemeyer added the provision to a property tax measure he sponsored.
“At a time when Missouri residents are struggling to recover from economic hardships, it’s important that they keep every dollar possible,” Luetkemeyer said in a written statement released by his office. “This legislation addresses several areas of taxation to allow Missourians to keep more of their hard-earned money.”
The property tax reforms require assessment notices to be issued to taxpayers earlier, providing time to appeal increases. County assessors will have to conduct a physical inspection of any real estate which could be subjected to an increase in assessment of more than 15%.