| SCR 028 | Disapproves State Tax Commission rule setting values used to tax agricultural property |
| Sponsor: | Westfall | |||
| LR Number: | RS0054.01S | Fiscal Note: | ||
| Committee: | Rules, Joint Rules and Resolutions | |||
| Last Action: | 01/08/98 - Referred S Rules, Joint Rules & Resolutions Committee | Journal page: | S42 | |
| Title: | ||||
| Effective Date: | August 28, 1998 | |||
SCR 28 - This resolution disapproves new values for agricultural property adopted by the State Tax Commission in October, 1997 (see 12 CSR 30-4.010, published in the Missouri Register, November 17, 1997, pp 1875-1778). The State Tax Commission is required to set the productive capacity for eight grades of agricultural land and county assessors apply these values to the grades of agricultural property to determine the assessed value and the resulting tax of each parcel.
Section 137.021, RSMo authorizes the General Assembly to
disapprove any regulation containing new agricultural land values
by a concurrent resolution adopted within the first sixty
calendar days of the session following promulgation of the rule
setting new values.
DAVID VALENTINE