property tax

The program aims to help fixed-income seniors keep their homes in an inflating market by freezing their property taxes.

Property tax freeze for residents 62-plus likely to hit local education funding.

Both bills now proceed to the Senate.

‘Attorney General Bailey dismissed a case that he himself called the most important in the history of his office,’ says Jackson County Executive Frank White Jr.

The freeze applies to seniors 62 and older.

The bill has yet to be signed by Gov. Mike Parson, but counties are hoping the legislation will provide clarity on how to lock in property tax rates for older homeowners.

The Missouri Legislature approved a bill that allows counties to freeze property taxes for those 62 years old and older.

The measure will benefit some lower to moderate-income seniors. The next step is developing a clear policy.

Under the law, Missouri counties can decide whether to enact a property tax freeze for seniors. St. Louis and St. Charles counties, along with the City of St. Louis, have already taken advantage of the law.

Residents are likely to see an increase in their property tax bills this tax season when the bills start arriving Dec. 1.