| SB 1048 | Revises proof of property taxes procedure for motor vehicles registration for certain tax-exempt organizations |
| Sponsor: | Nodler | Co-Sponsor(s) | ||
| LR Number: | 3543S.01P | Fiscal Note: | 3543-01 | |
| Committee: | Financial and Governmental Organization, Veterans' Affairs & Elections | |||
| Last Action: | 04/20/04 - Hearing Conducted H Tax Policy Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2004 | |||
SB 1048 - This act allows certain tax-exempt organizations (such as churches and other charitable organizations) to submit a form verifying their tax-exempt status when registering motor vehicles owned by the organizations. The specific organizations exempted are delineated in Subdivision (5) of Section 137.100 and Subsection 1 of Section 137.101. Currently, the organization must submit a statement certified by the county collector showing that no taxes were due. The act presumes that the organization owes no taxes on the personal property and the organization merely has to show that it is a tax-exempt entity. The presumption can be rebutted if the department of revenue receives notice from the assessor that the personal property owned by the organization was not used for religious or charitable purposes pursuant to law. If that is the case, then the department of revenue shall require the organization to submit a statement certified by the county or township collector that the organization has paid all personal property taxes.
Similar provisions are contained in SB 1394 (TAT)(2004).
STEPHEN WITTE