Missouri's House Bill 119, introduced on April 10, 2025, is stirring significant debate as it aims to reform property assessment practices across the state. The bill's primary focus is to enhance transparency and fairness in property valuations, particularly for motor vehicles and real estate.

One of the key provisions mandates that assessors conduct a physical inspection before increasing a property's assessed value by more than 15% since the last assessment. This requirement seeks to ensure that property owners are treated fairly and that valuations reflect true market conditions. Assessors must notify property owners in writing about their rights regarding these inspections, which can include requests for interior evaluations.

The bill also introduces provisions allowing county and city collectors to accept credit card payments for property taxes without imposing excessive surcharges, aiming to modernize payment methods and improve accessibility for taxpayers.

However, the legislation is not without controversy. Critics argue that the physical inspection requirement could lead to delays in property assessments and may burden assessors with additional responsibilities. Supporters, on the other hand, contend that these measures are essential for protecting property owners from unjustified tax increases.

The implications of House Bill 119 extend beyond administrative changes; they could reshape the landscape of property taxation in Missouri. Experts suggest that if passed, the bill could lead to more equitable tax assessments, potentially impacting local government revenues and funding for public services.

As the bill moves through the legislative process, stakeholders are closely monitoring its progress, anticipating that the final outcome could significantly influence property tax dynamics in Missouri for years to come.