personal property tax

The legislation changing the way Missouri’s personal property tax collections are calculated comes as lawmakers in numerous states this year are considering ways to reduce property taxes charged on homes, real estate and other property.

It also eliminates a tax on business equipment and furnishings known as the personal property tax.

In October, Justice floated another plan, saying he wanted to eliminate a personal property tax that residents pay annually on vehicles.

In October, Justice floated another plan, saying he wanted to eliminate a personal property tax that residents pay annually on vehicles.

The bills Youngkin signed into law include measures to allow hunting on Sundays as long as it takes place more than 200 yards from a place of worship; give localities authority to return surplus personal property tax revenue to residents; and establish the Virginia Black, Indigenous, and People of Color Historic Preservation Fund to award grants to Indian tribes for acquiring land.