Summary of the Introduced Bill

HB 833 -- Exhibition Center and Recreational Facility
Districts

Sponsor:  Luetkemeyer

This bill creates the Exhibition Center and Recreational Facility
District Act which allows residents of Camden, Miller, and Morgan
counties to request, by petition, that an exhibition center and
recreational facility district be created.  The bill requires
that at least 50 property owners sign the petition.  The petition
must include the name and address of each petitioner and the
location of their property; a specific description of the
boundaries of the proposed district, including a map; and the
name of the proposed district.

The bill states that the governing body of each county included
in the district can approve the creation of the district by
resolution.  Any county can decide not to establish the proposed
district, thereby removing itself from the district.

The bill creates a board of trustees to administer the district
and all revenue received by the district.  The board will have 12
members, four from each county.  The bill explains how the
trustees will be selected and the powers of the board.

The bill allows the district to submit to voters within the
district a sales tax of up to 0.25% on all sales within the
district.  The revenue from this tax will be deposited into the
Exhibition Center and Recreational Facility District Sales Tax
Trust Fund which the bill establishes.  The revenue collected
from this tax will fund the exhibition center and recreational
facilities.  Twenty-five years from its effective date, this tax
will reduce to a rate of 0.1% unless voters in the district
approve an extension at the rate of 0.25%.  Extensions of the
sales tax cannot be for more than 20 years.  This tax cannot be
abolished or terminated if the district has outstanding debts or
obligations.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:13 am