☰ Revisor of Missouri

Title X TAXATION AND REVENUE

Chapter 137

Effective - 31 Dec 1985, see footnote bottom

  137.080.  Annual assessment date — subclasses of tangible personal property. — Real estate and tangible personal property shall be assessed annually at the assessment which commences on the first day of January.  For purposes of assessing and taxing tangible personal property, all tangible personal property shall be divided into the following subclasses:

  (1)  Grain and other agricultural crops in an unmanufactured condition;

  (2)  Livestock;

  (3)  Farm machinery;

  (4)  Vehicles, including recreational vehicles, but not including manufactured homes, as defined in section 700.010, which are actually used as dwelling units;

  (5)  Manufactured homes, as defined in section 700.010, which are actually used as dwelling units;

  (6)  Motor vehicles which are eligible for registration and are registered as historic motor vehicles under section 301.131;

  (7)  All taxable tangible personal property not included in subclass (1), subclass (2), subclass (3), subclass (4), subclass (5), or subclass (6).

­­--------

(RSMo 1939 § 10970, A.L. 1945 p. 1774, A.L. 1959 H.B. 108, A.L. 1983 S.B. 63, et al., A.L. 1985 S.B. 152)

Prior revisions:  1929 § 9779; 1919 § 12789; 1909 § 11371

Effective 12-31-85

(1959) Since each year's tax assessment is a separate determination and statutory provisions for review thereof are adequate, equity will not intervene because similar issues in successive years may be involved.  Cupples-Hesse Corp. v. Bannister (Mo.), 322 S.W.2d 817.

(1979) Where a part of a building owned by a not-for-profit hospital was used for hospital purpose and a part for private medical practice, only the portion used exclusively for purposes purely charitable and on a not-for-profit basis would be exempt from property tax.  Barnes Hospital v. Leggett (Mo.), 589 S.W.2d 241.


---- end of effective   31 Dec 1985 ----

use this link to bookmark section  137.080


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Pictures Contact

Other Links
Oversight MOLIS Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@12:04:02.6 11 :)