Missouri homeowners could be in store for limits on the increases of their assessed property values. The state House of Representatives has passed a plan that would ask Missouri voters to limit newly-assessed and reassessed value increases to 2%.
Jeff Coleman, R-Grain Valley, has been trying to pass his proposal for the past six years. His proposal would have an exception for new construction or improvements.
“I’m concerned about the people that are getting taxed out of their homes, the homes that they’ve lived in for 40 and 50 years, that they can’t afford, the property taxes anymore,” said Coleman.
Rep. Keri Ingle, D-Lee’s Summit, is concerned about funding for essential services.
“Do you think that those people care that when they call 911, someone shows up or not,” asked Ingle. “What I disagree with is being short sighted about how we fund our essential services and thinking that we can just put a levy before the people when times get even harder because they’re going to.”
Rep. Jim Murphy, R-St. Louis, supports the plan. He said society has a spending problem, not an income problem.
“What you’re trying to do is say, ‘Let’s live within our means.’ And if you want to grow beyond this, let’s do what we should do. Let’s take it back to the voters,” said Murphy.
Rep. Michael Burton, D-Lakeshire, agrees with a cap, but not at 2%.
“It’s defunding the police departments. This is defunding our fire departments. This is defunding our public education system,” said Burton.
The next hoop to jump through is the Missouri Senate, where changes could be made to House Joint Resolution 4.
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