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MO: Senate Passes Property Tax Rollback

JEFFERSON CITY — Legislation intended to protect homeowners from large, unexpected property tax increases sailed through the Senate on Wednesday without any dissent.

Senate President Pro Tem Michael Gibbons said his bill targeted cases in which property taxes rise as a result of reassessments in property values. His case study is St. Louis County, where property taxes shot up $46 million last year, but the legislation would affect homeowners across the state.

Senators sent the bill, SB711, to the House by a 33-0 vote.

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