Property Law Committee Agenda

Time: 10:00 a.m. MCLE Hours: 1.0  Room: 211
Chair: Harry Styron, hs@styronlaw.com No Minutes Available

Agenda

A. 2012 Annual Real Estate Institute, enrollment and planning

B. Discussion of other seminar possibilities  


CLE Presentation (2 parts)

Unlawful Detainers
Speaker: Charles Pullium, St. Louis 

2012 Missouri Legislation Affecting Real Estate 
Speaker: Harry Styron, Ozark

This hits some of the more important bills which have been reported out of committee with a do-pass recommendation and a few other bills. Bills referred to other committees for which hearings have not been held are not included.

In the final days of the session, anything can happen, with provisions of dead bills tacked on to live ones.

 


Bill No. Sponsor

Summary

SB675
Crowell

This act repeals provisions of the Missouri property tax credit, commonly referred to as the circuit breaker tax credit, which allow renters to receive the property tax credit for rent constituting taxes paid.

HB1170
Franz

Allows any county collector to add and collect a special property tax assessment to the property's annual real estate tax bill. Types of special taxes seem to be recreation district taxes and CID assessments.

SB636
Keaveny

Modifies the requirements for a spousal trust to include both property held in one trust for both spouses and property held in two separate shares

SB1378
Denison

Prohibits the transportation of a manufactured home unless the owner of the home has paid all property taxes on the home

HB1398
Gatschenberger

Requires collectors in all counties except for counties under township organization to mail property tax bills 30 days before the taxes are delinquent

SB584
Richard

Creates state and local sales and use tax exemptions for data storage centers and allows municipalities to enter into loan agreements, or sell, lease, or mortgage municipal property for a technology business

SB659
Dempsey

Requires collectors in all counties, except for counties under township organization, to mail property tax bills thirty days before the taxes are delinquent and allows for a waiver of penalties and interest when the county commission certifies that the statement was not mailed by the deadline.

HB1313
Nolte

Limits the increase in assessed valuation of residential property by the percentage of increase in the Social Security benefits for the elderly and disabled who own and live in their principal residence

HB1527
Elmer and Richardson

Changes the $3000 exemption for vehicles to apply in the aggregate