Living Guide to Missouri's Property Tax:
Revenue Limits
Controlling the revenue that can be generated from the Every state
in the United States controls property tax revenue in various forms
from California’s infamous Proposition 13 to state constitutional
provisions such as Missouri’s Hancock Amendment property tax
revenue limitations are a generally accepted policy among states
in various fashions. Unlike property tax relief measures which target
particular taxpayers, revenue limitations generally are systematic. Research in this section will cover:
- Revenue Limitations Through Budget Control
- Revenue Limitations through Assessment Control
- Revenue Limitations through Rate Control
- Missouri’s Revenue Limits in Comparative Perspective
- Options for Improvement and Reform
The PFI is currently finishing a report to be released in April 2008 entitled “Limiting Property Taxes: Missouri Law. Missouri Reality. Options for Improvement.” This report addresses the issues above by carefully examining the effects of Missouri’s property tax limitations. Additional information including the report will be posted as it becomes available.