There Is a Newer Version of the Missouri Revised Statutes
  1. 2025 Missouri Rev. Stat.
  2. 2024 Missouri Rev. Stat.
  3. 2023 Missouri Rev. Stat.
  4. 2012 Missouri Rev. Stat. (here)
  5. View All Versions
View Our Newest Version Here

2012 Missouri Revised Statutes
TITLE VI COUNTY, TOWNSHIP AND POLITICAL SUBDIVISION GOVERNMENT
Chapter 70 Governmental Units
Section 70.180 Amount of payments--how determined.


MO Rev Stat § 70.180 (2012) What's This?

Amount of payments--how determined.

70.180. The amount of any payment of sums in lieu of taxes may be based on the estimated cost to each political subdivision, for and on whose behalf an agreement is entered into, of performing services for the benefit of a project during the period of an agreement, after taking into consideration the benefits to be derived by each political subdivision from such project, but shall not be in excess of the taxes which would result to each political subdivision for said period if the real property of the project within each political subdivision were taxable.

(L. 1941 p. 490 7)

The headnotes, footnotes, annotations and index of the Missouri Revised Statutes, are used by permission of the Joint Committee on Legislative Research, the copyright holder.

Disclaimer: These codes may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.