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Current as of January 01, 2025 | Updated by Findlaw Staff
Real estate and tangible personal property shall be assessed annually at the assessment which commences on the first day of January. For purposes of assessing and taxing tangible personal property, all tangible personal property shall be divided into the following subclasses:
(1) Grain and other agricultural crops in an unmanufactured condition;
(2) Livestock;
(3) Farm machinery;
(4) Vehicles, including recreational vehicles, but not including manufactured homes, as defined in section 700.010, which are actually used as dwelling units;
(5) Manufactured homes, as defined in section 700.010, which are actually used as dwelling units;
(6) Motor vehicles which are eligible for registration and are registered as historic motor vehicles under section 301.131;
(7) All taxable tangible personal property not included in subclass (1), subclass (2), subclass (3), subclass (4), subclass (5), or subclass (6).
Cite this article: FindLaw.com - Missouri Revised Statutes Title X. Taxation and Revenue § 137.080. Annual assessment date--subclasses of tangible personal property - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-x-taxation-and-revenue/mo-rev-st-137-080/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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