Missouri Revised Statutes Title X. Taxation and Revenue § 140.980. Citation of law--definitions

(1) “Ancillary parcel”, a parcel of real estate acquired by a land bank agency other than any sale conducted under section 140.190, 140.240, or 140.250;

(2) “Land bank agency”, an agency established by a city under the authority of section 140.981;

(3) “Land taxes”, taxes on real property or real estate, including the taxes both on the land and the improvements thereon;

(4) “Political subdivision”, any county, city, town, village, school district, library district, or any other public subdivision or public corporation that has the power to tax;

(5) “Reserve period taxes”, land taxes assessed against any parcel of real estate sold or otherwise disposed of by a land bank agency for the first three tax years following such sale or disposition;

(6) “Tax bill”, real estate taxes and the lien thereof, whether general or special, levied and assessed by any taxing authority;

(7) “Taxing authority”, any governmental, managing, administering, or other lawful authority, now or hereafter empowered by law to issue tax bills.