HB 1688 -- ECONOMIC ACTIVITY TAX REVENUES

SPONSOR:  Johnson (47)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Local Government by a vote of 15 to 0.

This bill excludes any sales tax imposed by Jackson County for
the purpose of sports stadium improvement from the additional 50%
economic activity tax revenue allocation for tax increment
financing projects.

FISCAL NOTE:  No impact on state funds in FY 2007, FY 2008, and
FY 2009.

PROPONENTS:  Supporters say that the bill will protect the
revenue from the sports stadium improvement tax, if passed in
Jackson County in April, from being reallocated to tax increment
financing projects.

Testifying for the bill were Representative Johnson (47); Kansas
City Chiefs; and Jackson County.

OPPONENTS:  There was no opposition voiced to the committee.

Julie Jinkens McNitt, Legislative Analyst

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:44 am