HCS/HB 2058 - This act modifies provisions relating to local taxation.RESUBMISSION OF REJECTED TAX PROPOSAL
This act provides that, beginning August 28, 2024, if a proposal to impose a new tax or to increase the rate of an existing tax is rejected by the voters, the political subdivision shall not resubmit such proposal to the voters during the two years immediately following such rejection unless the new proposal states a change or unless the political subdivision is located in a federal or state-declared natural disaster area. (Section 67.007)
This provision is substantially similar to HB 2061 (2024).
COMMUNITY IMPROVEMENT DISTRICTS
Current law requires the governing body of a municipality to adopt an ordinance to establish a proposed community improvement district. This act requires such ordinance to be approved by a two-thirds majority vote if the proposed district utilizes a sales tax as a proposed funding mechanism. (Sections 67.1421)
The act also provides that all property owned by a non-profit shall be exempt from any property tax or special assessment levied by such a district. (Section 67.1521)
These provisions are identical to provisions in CCS/HS/HCS/SS#2/SCS/SB 96 (2023) and are substantially similar to provisions in SB 919 (2024).
VIDEO SERVICE PROVIDERS
This act modifies the definition of "video service" to include the provision of video programming by a video service provider provided through wireline facilities located in a public right-of-way without regard to the delivery technology. "Video service" does not include any video programming accessed via a service that enables users to access content over the internet, including streaming content. (Section 67.2677)
This provision is identical to SB 947 (2024) and SB 152 (2023), and to a provision in SS#2/SB 872 (2024), and is substantially similar to a provision in HCS/SS/SB 222 (2023), HCS/SB 275 (2023), SB 299 (2023), HCS/HB 536 (2023), HCS/HBs 651, 479 & 647 (2023), and SCS/SB 1232 (2022).
TAXATION BALLOT MEASURE LANGUAGE
This act requires an election authority to label ballot measures relating to taxation numerically or alphabetically in the order in which they are submitted, and prohibits labeling such measures in any other descriptive manner. (Section 115.240)
This provision is identical to a provision in HCS/HB 1517 (2024), HCS/HB 1525 (2024), HCS/HB 2140 (2024), and HCS/HB 2895 (2024).
This act requires any ballot measure seeking to add, change, or modify a tax on real property to express the effect of the proposed change within the ballot language in terms of the change in dollars owed per $100,000 of a property's market valuation. (Section 137.067)
This provision is identical to a provision in HCS/HB 1517 (2024), HCS/HB 2140 (2024), CCS/HS/HCS/SS#2/SCS/SB 96 (2023), and HCS/SS#3/SCS/SB 131 (2023).
This act requires that if the voters in a political subdivision approve an increase to the tax rate ceiling prior to the expiration of a previously approved temporary levy increase, the new tax rate ceiling shall remain in effect only until such time as the temporary levy increase expires under the terms originally approved by a vote of the people, at which time the tax rate ceiling shall be decreased by the amount of the temporary levy increase.
If, prior to the expiration of a temporary levy increase, voters are asked to approve an additional permanent levy increase, voters shall be submitted ballot language that clearly indicates that if the permanent levy increase is approved, the temporary levy shall be made permanent. (Section 137.073.5(3))
This provision is identical to a provision in HCS/HB 1517 (2024), HCS/HB 2140 (2024), CCS/HS/HCS/SS#2/SCS/SB 96 (2023), and HCS/SS#3/SCS/SB 131 (2023), and is substantially similar to SB 880 (2018) and SB 357 (2017).
This act provides that, if the total assessed valuation in a political subdivision decreases in the tax year immediately following a tax year in which the voters approved an increase to the tax rate ceiling, such political subdivision may increase its levy such that the revenue received equals the amount that would have been received from the increased rate of levy had there been no decrease in the total assessed valuation. (Section 137.073.5(6))
This provision is identical to a provision in HCS/HB 1517 (2024) and HCS/HB 2140 (2024).
TRANSPORTATION DEVELOPMENT DISTRICTS
Current law requires a transportation development district (TDD) to submit a proposed project to the Missouri Highways and Transportation Commission, or to the local transportation authority, as applicable, for approval prior to the construction or funding of any project. This act requires the Missouri Highways and Transportation Commission, or the local transportation authority, as applicable, to approve such projects with a two-thirds majority vote if the proposed project utilizes a sales tax as a proposed funding mechanism. (Section 238.225)
The act also provides that all property owned by a non-profit shall be exempt from any property tax or special assessment levied by such a district. (Sections 238.230 and 238.232)
These provisions are substantially similar to a provision in SB 919 (2024).
JOSH NORBERG