The bill that would provide tax relief to business owners who lost their buildings to a disaster has passed on to floor debate despite a lukewarm response from the state assessors association.
The tax relief bill got neither support nor opposition from the state assessors association. The bill would allow business owners to have their properties re-assessed after a natural disaster in hopes of paying less in property taxes. The bill’s sponsor, Bill White, in a committee meeting says he realizes it means a lot more work for assessors.
White’s bill saw no other opposition, and got support from St. Louis area assessors. White says he filed the bill after the tornado hit his hometown of Joplin and realized small business owners were paying taxes on property that was destroyed. He says there’s a similar statue for personal property like homes already in the books.