File #: 4453    Version: 0 Name: M & M tax
Type: Ordinance Status: Perfected
File created: 9/24/2012 In control: Finance and Audit Committee
On agenda: 9/24/2012 Final action: 10/1/2012
Title: AN ORDINANCE setting the 2012 merchants and manufacturers' inventory replacement tax levy.
Sponsors: Scott Burnett
Indexes: MERCHANTS & MANUFACTURER'S, TAX LEVY
Attachments: 1. 4453adopt.pdf
      IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
 
 
Title
AN ORDINANCE setting the 2012 merchants and manufacturers' inventory replacement tax levy.
 
 
Intro
ORDINANCE #4453, September 24, 2012
 
INTRODUCED BY Scott Burnett, County Legislator
 
 
Body
WHEREAS, Missouri Constitution, article X, section 6 and section 139.600, RSMo, provide for a tax levy to be charged against the assessed valuation of real property listed in subclass 3 (utility, industrial, commercial and railroad property) of class one property (real estate), to replace revenues lost from the exemption of merchants' and manufacturers' inventories; and,
 
WHEREAS, this replacement levy has been calculated in accordance with section 139.600, RSMo; therefore,
 
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the 2012 replacement levy is $1.437 per one hundred dollars of assessed valuation of real property in subclass 3 of class one property.
 
Enacted and Approved
Effective Date:  This ordinance shall be effective immediately upon its signature by the County Executive.
 
 
APPROVED AS TO FORM:
 
____________________________              _________________________________
Chief Deputy County Counselor                  County Counselor
 
 
I hereby certify that the attached Ordinance, Ordinance #4453 introduced on September 24, 2012 was duly passed on October 1, 2012 by the Jackson County Legislature.  The votes thereon were as follows:
 
 
Yeas _________7______            Nays _______0_______
 
Abstaining _____0______            Absent ______2_______
 
 
This Ordinance is hereby transmitted to the County Executive for his signature.
 
 
 
____________________                          ________________________________
Date                                          Mary Jo Spino, Clerk of Legislature
 
I hereby approve the attached Ordinance #4453.
 
 
______________________                   ________________________________
Date                                          Michael D. Sanders, County Executive