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Property tax reform measure gains House approval

The bill requires the state auditor to review proposed tax rates of local taxing authorities.

A bill that would give the state the authority to prevent taxing entities from levying property tax rates in excess of that allowed by state law received preliminary approval from the Missouri House of Representatives this week.

The measure, House Bill 2011 is sponsored by Rep. Francis Overschmidt (D-Union) and House Speaker Steve Gaw (D-Moberly).

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