SCS/SB 85 - This act prohibits county assessors from using any computer program to make a final determination of the true value in money of any real or personal property if such computer program determines that the true value in money of such property has increased by more than four percent since the most recent assessment. In any such case, the assessor shall only assign a final true value in money of such property after the property has been evaluated in person by personnel who are knowledgeable and experienced with appraisal practices in the county in which the property is located. The act defines "computer program" as any computer, computer-assisted mass appraisal system, or any other program that utilizes mathematical techniques or artificial intelligence to estimate property values. (Section 137.076)

Additionally, current law requires assessors to provide notice to taxpayers when the valuation of the taxpayer's real property has increased. This act requires an assessor to provide any third party documents, reports, or other data that was relied upon in the computation of assessed value. (Sections 137.180 and 137.355)

JOSH NORBERG

Statutes affected:
Introduced (1166S.01): 137.076
Committee (1166S.03): 137.076, 137.180, 137.355


Senate Committee Minutes:
SENATE COMMITTEE MINUTES Bill No.: SB 85
Sponsor: Nicola
Hearing Date: 2/26/2025


COMMITTEE: Economic and Workforce Development

CHAIRMAN: Brown (26)

DATE REFERRED: 1/16/2025 DATE HEARING REQUESTED: 2/21/2025



STAFF:
Mary Beth Bruns
Frank Catanzaro
Hannah Embry
Josh Norberg


WITNESSES GIVING INFORMATION:



WITNESSES FOR:
Scott Haley - US Capitol Development St. Louis


WITNESSES AGAINST: