SB 430 -- TAXATION

SPONSOR:  Dougherty (Carnahan)

COMMITTEE ACTION:  Voted "do pass" by the Committee on Municipal
Corporations by a vote of 8 to 4.

This bill allows the City of St. Louis to levy a local property
tax for the purpose of funding free concerts.  The levy requires
a vote of the people before being enacted.  The maximum rate of
the levy cannot exceed 2 mills on each $1 of assessed valuation.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that some states and localities have
similar statutes to fund voluntary musicians.  The bill would
help preserve the musical heritage in the St. Louis region by
providing financial support for free band concerts, which
attract 3,000 to 5,000 persons.

Testifying for the bill were Representative Carnahan; and
Compton Heights Band Incorporated.

OPPONENTS:  There was no opposition voiced to the committee.

Joseph Deering, Legislative Analyst

Missouri House of Representatives
Last Updated November 26, 2001 at 11:47 am