Missouri 2022 Regular Session

Missouri House Bill HJR140 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	SECONDREGULARSESSION
2	2	HOUSEJOINTRESOLUTION NO.
3	3	140
4	4	101STGENERALASSEMBLY
5	5	INTRODUCEDBYREPRESENTATIVEBURTON.
6	6	5672H.01I DANARADEMANMILLER,ChiefClerk
7	7	JOINTRESOLUTION
8	8	SubmittingtothequalifiedvotersofMissourianamendmentrepealingSection6ofArticleX
9	9	oftheConstitutionofMissouri,andadoptingonenewsectioninlieuthereofrelating
10	10	topropertytax.
11	11	BeitresolvedbytheHouseofRepresentatives,theSenateconcurringtherein:
12	12	ThatatthenextgeneralelectiontobeheldinthestateofMissouri,onTuesdaynext
13	13	2followingthefirstMondayinNovember,2022,orataspecialelectiontobecalledbythe
14	14	3governorforthatpurpose,thereisherebysubmittedtothequalifiedvotersofthisstate,for
15	15	4adoptionorrejection,thefollowingamendmenttoArticleXoftheConstitutionofthestateof
16	16	5Missouri:
17	17	SectionA.Section6,ArticleX,ConstitutionofMissouri,isrepealedandonenew
18	18	2sectionadoptedinlieuthereof,tobeknownasSection6,toreadasfollows:
19	19	Section6.1.Allproperty,realandpersonal,ofthestate,countiesandotherpolitical
20	20	2subdivisions,andnonprofitcemeteries,[andallreal]shallbeexemptfromtaxation;
21	21	3property[usedasahomesteadasdefinedbylaw],realandpersonal,ofanycitizenofthis
22	22	4statewhoisa[formerprisonerofwar,asdefinedbylaw,andwhohas]veteranwithatotal
23	23	5service-connecteddisability,uptotwohundredthousanddollarsofactualvalueforthe
24	24	6year2022andadjustedforinflationthereaftershallbeexemptfromtaxation;allpersonal
25	25	7propertyheldasindustrialinventories,includingrawmaterials,workinprogressandfinished
26	26	8workonhand,bymanufacturersandrefiners,andallpersonalpropertyheldasgoods,wares,
27	27	9merchandise,stockintradeorinventoryforresalebydistributors,wholesalers,orretail
28	28	EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
29	29	intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 10merchantsorestablishmentsshallbeexemptfromtaxation;andallproperty,realand
30	30	11personal,notheldforprivateorcorporateprofitandusedexclusivelyforreligiousworship,
31	31	12forschoolsandcolleges,forpurposespurelycharitable,foragriculturalandhorticultural
32	32	13societies,orforveterans'organizationsmaybeexemptedfromtaxationbygenerallaw.In
33	33	14additiontotheabove,householdgoods,furniture,wearingapparelandarticlesofpersonaluse
34	34	15andadornmentownedandusedbyapersoninhishomeordwellingplacemaybeexempt
35	35	16fromtaxationbygenerallawbutanysuchlawmayprovideforapproximaterestitutiontothe
36	36	17respectivepoliticalsubdivisionsofrevenueslostbyreasonoftheexemption.Alllaws
37	37	18exemptingfromtaxationpropertyotherthanthepropertyenumeratedinthisarticle,shallbe
38	38	19void.Theprovisionsofthissectionexemptingcertainpersonalpropertyofmanufacturers,
39	39	20refiners,distributors,wholesalers,andretailmerchantsandestablishmentsfromtaxationshall
40	40	21becomeeffective,unlessotherwiseprovidedbylaw,ineachcountyonJanuary1oftheyear
41	41	22inwhichthatcountycompletesitsfirstgeneralreassessmentasdefinedbylaw.
42	42	23 2.Allrevenueslostbecauseoftheexemptionofcertainpersonalpropertyof
43	43	24manufacturers,refiners,distributors,wholesalers,andretailmerchantsandestablishments
44	44	25shallbereplacedtoeachtaxingauthoritywithinacountyfromacountywidetaxhereby
45	45	26imposedonallpropertyinsubclass3ofclass1ineachcounty.Fortheyearinwhichthe
46	46	27exemptionbecomeseffective,thecountyclerkshallcalculatethetotalrevenuelostbyall
47	47	28taxingauthoritiesinthecountyandextenduponallpropertyinsubclass3ofclass1within
48	48	29thecounty,ataxattheratenecessarytoproducethatamount.Therateoftaxleviedineach
49	49	30countyaccordingtothissubsectionshallnotbeincreasedabovetheratefirstimposedand
50	50	31willstandleviedatthatrateunlesslaterreducedaccordingtotheprovisionsofsubsection3.
51	51	32Thecountycollectorshalldisbursetheproceedsaccordingtotherevenuelostbyeachtaxing
52	52	33authoritybecauseoftheexemptionofsuchpropertyinthatcounty.Restitutionofthe
53	53	34revenueslostbyanytaxingdistrictcontainedinmorethanonecountyshallbefromthe
54	54	35severalcountiesaccordingtotherevenuelostbecauseoftheexemptionofpropertyineach
55	55	36county.Eachyearafterthefirstyearthereplacementtaxisimposed,theamountdistributed
56	56	37toeachtaxingauthorityinacountyshallbeincreasedordecreasedbyanamountequaltothe
57	57	38amountresultingfromthechangeinthatdistrict'stotalassessedvalueofpropertyinsubclass
58	58	393ofclass1atthecountywidereplacementtaxrate.Inordertoimplementtheprovisionsof
59	59	40thissubsection,thelimitssetinsection11(b)ofthisarticlemaybeexceeded,withoutvoter
60	60	41approval,ifnecessarytoalloweachcountylistedinsection11(b)tocomplywiththis
61	61	42subsection.
62	62	43 3.Anyincreaseinthetaxrateimposedpursuanttosubsection2ofthissectionshall
63	63	44bedecreasedifsuchdecreaseisapprovedbyamajorityofthevotersofthecountyvotingon
64	64	45suchdecrease.Adecreaseintheincreasedtaxrateimposedundersubsection2ofthissection
65	65	46maybesubmittedtothevotersofacountybythegoverningbodythereofuponitsownorder,
66	66	HJR140 2 47ordinance,orresolutionandshallbesubmitteduponthepetitionofatleasteightpercentof
67	67	48thequalifiedvoterswhovotedintheimmediatelyprecedinggubernatorialelection.
68	68	49 4.Asusedinthissection,theterms"revenueslost"and"lostrevenues"shallmean
69	69	50thatrevenuewhicheachtaxingauthorityreceivedfromtheimpositionofatangiblepersonal
70	70	51propertytaxonallpersonalpropertyheldasindustrialinventories,includingrawmaterials,
71	71	52workinprogressandfinishedworkonhand,bymanufacturersandrefiners,andallpersonal
72	72	53propertyheldasgoods,wares,merchandise,stockintradeorinventoryforresaleby
73	73	54distributors,wholesalers,orretailmerchantsorestablishmentsinthelastfulltaxyear
74	74	55immediatelyprecedingtheeffectivedateoftheexemptionfromtaxationgrantedforsuch
75	75	56propertyundersubsection1ofthissection,andwhichwasnolongerreceivedaftersuch
76	76	57exemptionbecameeffective.
77	77	✔
78	78	HJR140 3