Reduces the personal property assessment percentage

SB 6 reduces the statewide assessment rate for personal property from previous levels to 33.33% of its true value. This change directly affects property owners - including businesses and individuals - across Missouri counties and the City of St. Louis, as they will pay taxes based on this new valuation percentage. The bill repeals prior assessment rules and establishes this uniform rate for all tangible personal property, excluding specific subclasses like agricultural crops (0.5%) or solar equipment (5%). It does not alter real property assessment rates or other existing tax classifications.