File #: 2851    Version: 0 Name: 1998 M & M replacement tax
Type: Ordinance Status: Passed
File created: 9/8/1998 In control: Finance and Audit Committee
On agenda: Final action: 9/15/1998
Title: AN ORDINANCE setting the 1998 merchants and manufacturers' inventory replacement tax levy.
Sponsors: Victor E. Callahan
Indexes: TAX LEVY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI Title AN ORDINANCE setting the 1998 merchants and manufacturers' inventory replacement tax levy. Intro ORDINANCE # 2851, September 8, 1998 INTRODUCED BY Victor E. Callahan, County Legislator Body WHEREAS, Missouri Constitution, article X, section 6 and section 139.600, RSMo 1994, 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 1994; therefore, BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the 1998 replacement levy is $1.437 per one hundred dollars of assessed valuation of real property in subclass 3 of class one property...Attorney Effective Date: This ordinance shall be effective immediately upon its signature by the County Executive. APPROVED AS TO FORM: ____________________________ _________________________________ County Counselor I hereby certify that the attached Ordinance, Ordinance #2851 introduced on September 8, 1998 was duly passed on _______________September 15_________________, 1998 by the Jackson County Legislature. The votes thereon were as follows: Yeas _______8________ Nays ______0________ Abstaining ____0_______ Absent _____1________ This Ordinance is hereby transmitted to the County Executive for her signature. ____________________ ________________________________ Date Mary Jo Brogoto, Clerk of Legislature I hereby approve the attached Ordinance #2851. ______________________ ________________________________ Date Katheryn J. Shields, County Executive