HB 1916 -- Identification and Tracking of Property Tax Abatements

Sponsor:  Sutherland

Beginning July 1, 2010, this bill authorizes an additional 2%
deduction from the collection of all tax increment financing
property taxes each year in the City of St. Louis and in charter
and first classification counties with a total assessed valuation
of at least $500 million in tax increment financing agreements.
The deductions must be deposited into the county's or city's
assessment fund for the identifying, locating, administering,
districting, coding, tracking, and valuing of all tax increment
financing, neighborhood improvement districts, community
improvement districts, and all other property tax abatements.

The bill contains an emergency clause.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:12 pm