A property tax freeze for St. Louis County seniors became law Wednesday after the deadline for County Executive Sam Page to sign or veto the bill expired.
The bill will freeze property tax increases for homeowners 67 and over whose homes are worth $550,000 or less. It passed the St. Louis County Council on Oct. 17.
The county’s revenue department will now have to develop the specifics of the plan. According to the state law allowing the tax freeze, the new program goes into effect on Jan. 1, 2024.
Page…
Source link
