HB 422 -- Property Tax:  Private Car Ad Valorem Tax Credit

Sponsor:  Cooper (120)

This bill authorizes a tax credit against the private car ad
valorem property tax paid by freight line companies.  The amount
of the tax credit will be equal to the amount of expenses
incurred in Missouri in the previous year to maintain any
freight, stock, refrigerator, or other railcars.

The State Tax Commission will administer the tax credit.

Missouri House of Representatives
Last Updated July 25, 2003 at 10:11 am