HCS HB 1628 -- BUSINESS LICENSE TAX

SPONSOR:  Dempsey (Stefanick)

COMMITTEE ACTION:  Voted "do pass" by the Committee on Job
Creation and Economic Development by a vote of 19 to 1 with 2
present.

Under current law, a business license tax up to $10,000 may be
imposed by villages with less than 1,300 inhabitants.  This
substitute increases that limit to $15,000.

FISCAL NOTE:  Not available at time of printing.

PROPONENTS:  Supporters say that when this law was passed in
2003, it was intended to prevent Claycomo from charging the Ford
Motor Company an exorbitant business license tax, but the Village
of Twin Oaks also has less than 1,300 inhabitants and has one
business that currently pays almost $15,000 per year for its
business license tax.  The bill is necessary to allow Twin Oaks
to continue collecting the same amount from this business without
affecting Claycomo.

Testifying for the bill were Representative Stefanick; and
Village of Twin Oaks.

OPPONENTS:  There was no opposition voiced to the committee.

Alice Hurley, Legislative Analyst

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:16 am