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Highly Anticipated Property Tax Bill Hits Senate Floor

April 2, 2002
By: Rebecca Gannon
State Capital Bureau

Higher property taxes have been concerning some St. Louisians recently. Now the Missouri Senate is addressing those issues.

Rebecca Gannon has more in Jefferson City.

Story:PropTax
RunTime:
OutCue: SOC

The highly anticipated property tax bill finally hit the Senate floor Tuesday afternoon.

The bill proposed by Senator Gibbons of Kirkwood is meant to help, not hurt, taxpayers.

Actuality: Gibb1
RunTime: 19
OutCue: "... and we can fix that."
Contents: Gibbons says the bill will help taxpayers.

The bill requires physical inspections of the property, rather than the "drive by" inspections of the past. Gibbons said the old inspections often resulted in skyrocketing property assessments, translating into tax hikes.

The bill also proposes a five percent cap on any tax assessment increase.

In Jefferson City, Rebecca Gannon.


St. Louis property owners are getting Missouri Senate attention this week with the long awaited property tax bill now on the floor.

Rebecca Gannon has more in Jefferson City.

Story:PropTax2
RunTime:
OutCue: SOC

Senators from across Missouri are discussing the property tax bill that has many St. Louisians concerned.

Senator Gibbons of Kirkwood proposed the bill that ensures tax payers will not pay more than a five percent tax increase on their property.

As Senator Gibbons describes, some citizens have felt a large tax increase recently, but this property assessment cap will soften any hard-hitting tax blows.

Actuality: Gibbs2
RunTime: 18
OutCue: ".. by reassessment only."
Contents: Gibbons says taxpayer will not pay more than five percent over last year.

In addition to the five percent property tax cap, the bill also requires a physical inspection of the prpoerty instead of so called "drive by" inspections.

In Jefferson City, Rebecca Gannon.