Missouri Constitution Article X Sec. 8 – Limitation on state tax rate on tangible property
The state tax on real and tangible personal property, exclusive of the tax necessary to pay any bonded debt of the state, shall not exceed ten cents on the hundred dollars assessed valuation.
Terms Used In Missouri Constitution Article X Sec. 8 - Limitation on state tax rate on tangible property
- Personal property: All property that is not real property.