SB 865 – Exempts livestock from personal property taxation

• Sponsor: Cauthorn
• LR Number: 4330S.01I
• Committee: Ways & Means
• Last Action: 2/9/2006 - Hearing Conducted S Ways & Means Committee
• Effective Date: August 28, 2006

Current Bill Summary

SB 865 - This act exempts livestock from personal property taxation. The act also removes reference to livestock from Section 137.118, RSMo, which calls for a tax rate adjustment for livestock and farm equipment under certain circumstances.

JASON ZAMKUS