CCS HCS SB 30 -- TAXATION

This bill changes the laws regarding taxation.  In its main
provisions, the bill:

(1)  Establishes the Children's Services Protection Act which
requires any city or county that has levied a sales tax for
providing services to children in need to reimburse the community
children's services fund the amount of tax revenue that is used
for or diverted to any tax increment financing project approved
or adopted after August 28, 2007;

(2)  Authorizes Perry County to levy, upon voter approval, a
sales tax of up to .25% to equally fund senior services and youth
programs;

(3)  Authorizes any second, third, or fourth classification
county to impose, upon voter approval, a transient guest tax of
one cent on all hotel or motel sleeping rooms within the county
for the promotion of tourism within the county;

(4)  Authorizes the City of Hollister to impose, upon voter
approval, a transient guest tax of from 2% to 5% per room per
night for the promotion of tourism;

(5)  Adds county assessors to the list of county officials who
must receive certified copies of the ordinances effecting a
concurrent detachment and annexation of property between
municipalities;

(6)  Authorizes the City of Independence to impose, upon voter
approval, a sales tax of up to 1% of gross retail receipts to be
used for funding police services provided by the municipal police
department;

(7)  Increases, beginning January 1, 2008, from $25,000 to
$27,500 the maximum income allowed to claim the senior
citizen/disabled person property tax credit and increases from
$13,000 to $14,300 the minimum base;

(8)  Authorizes a refundable individual income tax credit,
beginning January 1, 2008, for the amount of real property taxes
paid on a homestead by surviving spouses of certain public safety
officers who were killed in the line of duty;

(9)  Requires, beginning January 1, 2008, operators of storage
facilities to provide documentation including the owner's name,
address, county of residence, and a description of the personal
property to the county assessor where the rental or leasing
facility is located for property tax purposes.  The bill defines
"personal property" as any house trailer, manufactured home,
boat, vessel, floating home or structure, airplane, or aircraft;

(10)  Authorizes an exemption from the motor fuel tax for motor
fuel sold for use by an interstate transportation authority, a
city transit authority, or a city utilities board to operate a
public mass transportation facility;

(11)  Removes the solely in interstate commerce requirement for
the state and local sales and use tax exemption for motor
vehicles used by common carriers;

(12)  Exempts from state and local sales and use tax the
utilities used in the research and development of prescription
pharmaceuticals consumed by humans or animals;

(13)  Exempts from state and local sales and use tax tangible
personal property and utilities used in the research and
development of agricultural/biotechnology and plant genomics
products;

(14)  Authorizes an exemption from state sales and use tax for
the cost of all utilities, chemicals, machinery, equipment, and
materials used in the manufacturing, processing, compounding,
mining, or production of a product; the processing of recovered
materials; and the research and development of manufacturing,
processing, compounding, mining, or producing a product;

(15)  Authorizes an exemption from state and local sales and use
tax on all purchases of tangible personal property, utilities,
services, and other transactions made for fulfilling United
States government defense contracts and all utilities, machinery,
and equipment used directly in television or radio broadcasting;

(16)  Authorizes an exemption from state and local sales and use
tax for all purchases and leases of tangible personal property by
any county, city, incorporated town, or village for industrial
development under Chapter 100, RSMo, when the transaction is
certified for the exemption by the Department of Economic
Development;

(17)  Authorizes an exemption from state and local sales and use
tax for tangible personal property used for railroad
infrastructure brought into Missouri for modification and then
used outside the state;

(18)  Requires a retail sales licensee to obtain, beginning
January 1, 2009, a statement from the Department of Revenue
verifying that no sales tax is owed before the issuance or
renewal of any city or county occupation license or any state
license;

(19)  Authorizes an exemption from state and local sales tax,
beginning September 1, 2007, for the cost of temporarily using
coin-operated amusement devices and removes the exemption for the
purchase of the devices and parts.  Coin-operated amusement
devices include video, pinball, table, and redemption games;

(20)  Reassigns the Monroe City R-I School District which is
located in two counties to the county with the higher dollar
value modifier as it is used for the school foundation formula;

(21)  Authorizes the cities of Centerview and Kingsville to levy,
upon voter approval, a tax of up to 35 cents on each $100 of
assessed valuation on taxable real property to fund the
establishment of a community health district;

(22)  Revises the definition of "community-based organization" to
include any nonprofit corporation formed under Chapter 355 which
the Department of Economic Development can approve to implement
the Family Development Account Program;

(23)  Requires the transit authority in St. Charles County to
reimburse the county for the cost of an election to increase the
transit authority's sales tax rate if the measure is approved by
voters from the funds derived from the tax increase;

(24)  Transfers from the Department of Economic Development to
the Department of Public Safety the duty of certifying when a dry
fire hydrant system meets the requirements to obtain an income
tax credit and extends the expiration date of the credit from
August 28, 2003, to August 28, 2010; and

(25)  Allows a common carrier of household goods to file an
application with the Highways and Transportation Commission for
the approval of rates to reflect increases and decreases in its
operational costs.  The application process will be governed by
the commission and will follow rules similar to the rate hearing
procedures for utility companies.  Beginning January 1, 2008, an
intrastate carrier of household goods will be required to obtain
Department of Transportation authority to operate in
municipalities, between municipalities, and in commercial zones.

The provisions regarding the tax credit for taxes paid on a
homestead by a surviving spouse will expire six years from the
effective date.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:21 am