Summary of the Introduced Bill

HB 2192 -- Personal Property Tax

Sponsor:  Hendrickson

This bill eliminates the tax on tangible personal property for
calendar year 2002 and reimburses local political subdivisions
for their lost revenue from the proceeds of the tobacco
settlement agreement.  The elimination and reimbursement will
continue in future years for as long as the proceeds from the
tobacco settlement agreement are sufficient to reimburse the
political subdivisions.

Copyright (c) Missouri House of Representatives

redbar
Missouri House of Representatives
Last Updated October 11, 2002 at 9:03 am