HB 1767-1_ Filed 02/22/2007, 07:51 Thompson

Text Box

    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______





    I move that House Bill 1767 be amended to read as follows:

SOURCE: Page 2, line 27; (07)MO176701.2. -->     Page 2, between lines 27 and 28, begin a new line blocked left and insert:
" If the owner of property sells, leases, or otherwise transfers a tract of land that is exempt under this subsection, the owner is liable for the property taxes that were not imposed upon the tract of land during the period beginning January 1 of the fourth year following the purchase of the property and ending on December 31 of the year of the sale, lease, or transfer. The county auditor of the county in which the tract of land is located may establish an installment plan for the repayment of taxes due under this subsection. The plan established by the county auditor may allow the repayment of the taxes over a period of years equal to the number of years for which property taxes must be repaid under this subsection.".
    (Reference is to HB 1767 as printed February 20, 2007.)


Representative Thompson

MO176701/DI 114     2007