Allows correction of maximum assessed value due to new property or new improvements to property erroneously added to tax roll for current tax year and up to five preceding tax years. Requires annual tax statement to include notice in cases of increase of more than three percent of property's assessed value and reason for increase] information about contacting county assessor if property's assessed value increased more than three percent over prior tax year. Makes correction of certain errors on assessment and tax roll mandatory. Takes effect on 91st day following adjournment sine die.

Statutes affected:
Introduced: 311.234, 311.250, 311.205, 311.140, 311.150
A-Engrossed: 311.234, 311.250, 311.205, 311.140, 311.150
Enrolled: 311.234, 311.250, 311.205, 311.140, 311.150