Senate Also Overwhelmingly Rejects Changes in Farmland Assessments
JEFFERSON CITY, Mo. -- The day after the Missouri House of Representatives approved a similar resolution, the Missouri Senate by a vote of 30-3 adopted a concurrent resolution rejecting the changes in farmland assessments recommended by the State Tax Commission. The vote in the Missouri House was 140 to 15.
In December, the State Tax Commission approved almost a 29% increase in the productivity values for farmland grades 1-4, which includes most of the state's cropland. The increase would be about 90 cents per acre. In grades 5-7, which include pasture, the productivity values would decrease about 24% or an average of about 20 cents per acre. Statewide, the total value of farmland using the new productivity values would increase 11.5%.
"We appreciate Senator Bill Stouffer's and Representative Brian Munzlinger's leadership in sponsoring and expediting these concurrent resolutions through their respective legislative bodies," said Charles Kruse, president of Missouri Farm Bureau.
In order for the concurrent resolution to be finally approved, either the Missouri House will need to approve the Senate resolution or the Missouri Senate will need to approve the House resolution. The Missouri General Assembly has a deadline of 60 calendar days from the beginning of the 2010 legislative session for final approval of the concurrent resolution.
|