Modifies provisions relating to motor vehicle assessment valuations

HB 2259 modifies how property assessors in Missouri calculate tax values for various types of real and personal property. The bill establishes specific assessment percentages for different categories, such as taxing historic vehicles and older aircraft at five percent and farm machinery at twelve percent. It also updates the valuation rates for residential real estate and clarifies how manufactured homes used as dwellings should be assessed. Additionally, the legislation sets new rules for computer-generated assessments, shifting the burden of proof to the assessor when using automated methods.