HCS HB 1207 -- CLASSIFICATION OF SAWMILLS (Day)

COMMITTEE OF ORIGIN:  Committee on Rural Community Development

This substitute specifies that for property taxation purposes
agricultural and horticultural property will include sawmills and
planing mills that alter logs from their original form and which
are defined in the United States Department of Labor's Standard
Industrial Classification Manual.  Currently, these mills are
classified as commercial property.

FISCAL NOTE:  No impact on General Revenue Fund in FY 2011,
FY 2012, and FY 2013.  Estimated Effect on Other State Funds of
an income of $0 in FY 2011, a cost of $0 to $20,143 in FY 2012,
and a cost of $0 to $20,143 in FY 2013.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:10 pm