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Missouri lawmaker pushes to lower state’s personal property tax assessment rate
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JEFFERSON CITY, Mo. – One Missouri lawmaker has renewed a push to decrease the state’s personal property tax assessment rate.
State Sen. Bill Eigel (R-District 23) recently introduced SB 8, which proposes the concept of annually reducing Missouri’s assessment percentage of personal property taxes over the next half-century.
According to the bill, “a political subdivision shall annually reduce the percentage of true value in money at which personal property is assessed pursuant to this subsection such that the amount by which the revenue generated by taxes levied on such personal property is substantially equal to one hundred percent of the growth in revenue generated by real property assessment growth.”
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Missouri’s current assessment rate factored into personal property costs is 33%, a rate which would decrease yearly through 2073 through the bill. The rate plays an essential in funding local schools, libraries and fire districts.
Sen. Eigel has sought some resolve to Missouri’s personal property tax situation through legislation since 2021. His latest effort comes as many Missourians deal with the impact of higher personal property tax bills, which spiked around 20% on average last year.
Taking to Twitter last year to discuss the issue, Eigel says “29 other states have already eliminated personal property tax on vehicles. … Of the 21 states that still have it, Missouri has the 3rd highest rate of PPT anywhere in the country. … Our working and middle class households deserve a break.”
The Missouri Senate Economic Development and Tax Policy Committee held a hearing over Eigel’s bill Tuesday, learning of strong support and opposition on the issue within both political parties.
Skip Stephens, fire chief of the Cottleville Fire Protection District in Eigel’s House jurisdiction, is among the bill’s critics. He tells the Columbia Missourian the bill could negatively affect the department’s ability to keep up with inflation and address needs.
Per the Missourian, Eigel contends that reducing the assessment rates and finding ways to fund services currently supported by personal property taxes are separate issues worth considering.
It’s unclear how much traction SB 8 might get in upcoming weeks, though it has already had multiple readings, per Missouri Senate records.
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JEFFERSON COUNTY, Mo. – Two people are behind bars after a man reportedly attacked a Jefferson County deputy with a screwdriver during an attempted arrest over the weekend.
Prosecutors have charged Nicholas Davis, 47, and Amanda Davis, 45, of Dittmer, Missouri, with felonies in the investigation.
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The alleged attack followed a traffic stop of a driver in the 9500 block of Jones Creek Road on July 7, though the driver was not Nicholas or Amanda.
According to court documents obtained by FOX 2, Nicholas reportedly came out of his nearby home, yelled at a deputy and started approaching him while holding a screwdriver. The deputy initially ordered Nicholas to back away, then used pepper spray.
Per court documents, the deputy attempted to arrest Nicholas, who then struck him in the chest with the screwdriver. Amanda reportedly approached the deputy and pulled him away from Nicholas before both ran inside their home.
The Jefferson County Sheriff’s Office says the situation prompted an hours-long standoff involving negotiators, a SWAT team and a K-9 deputy. The situation led to Nicholas refusing warnings and being bitten by a K-9.
Nicholas and Amanda are both jailed in the Jefferson County Jail without bond. Nicholas is charged with first-degree assault on a special victim and armed criminal action. Amanda is charged with resisting/interfering with arrest.
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ST. LOUIS — The new St. Louis schools superintendent will be officially sworn into office today. Dr. Keisha Scarlett took over the job in July after the retirement of Dr. Kelvin Adams. She was assistant superintendent in the Seattle Public School District. The installation ceremony is at 6:15 p.m. before the regular school board meeting.
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ST. LOUIS — A gasoline tanker truck crashed into a Metro transit center near Riverview and Hall Streets early Tuesday morning and knocked over a power pole. The pole is leaning on other power lines. Police have the area blocked off here because there is a downed power line. Ameren and Metro crews are also on the scene.
The incident happened around 12:30 a.m. It’s still unclear exactly what caused the crash, but we do that there was a second vehicle somehow involved. The airbags on that second vehicle did deploy.
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Police at the scene have not been able to give us a lot of details. Metro officials tell FOX 2 that the transit center here is operating this morning for passengers and buses. Access to certain areas will be limited here as clean up unfolds.
A Metro spokesperson says half of the station isn’t being used right now because of safety issues. It isn’t impacting overall bus operations, everything is just happening on the other side of transit center.
The extent of the damage to the actual transit center is still unclear, but I’m told it does not appear to be extreme. A Metro spokesperson tells me there were no injuries to any metro workers or passengers. The tanker driver also was not injured.
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