File #: 3932    Version: 0 Name: Setting 2007 Merchants and Manufacturers' inventory replacement tax levy
Type: Ordinance Status: Passed
File created: 9/10/2007 In control: Legislature As A Whole
On agenda: 9/10/2007 Final action: 9/17/2007
Title: AN ORDINANCE setting the 2007 merchants and manufacturers' inventory replacement tax levy.
Sponsors: Dan Tarwater III
Indexes: MERCHANTS & MANUFACTURER'S, TAX LEVY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
 
 
Title
AN ORDINANCE setting the 2007 merchants and manufacturers' inventory replacement tax levy.
 
 
Intro
ORDINANCE # 3932,  September 10, 2007
 
INTRODUCED BY Dan Tarwater, County Legislator
 
 
Body
WHEREAS, Missouri Constitution, article X, section 6 and section 139.600, RSMo 2000, 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 2000; therefore,
 
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the 2007 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 # 3932 introduced on  September 10, 2007 was duly passed on September 17, 2007 by the Jackson County Legislature.  The votes thereon were as follows:
 
 
      Yeas _______6________            Nays ______0________
 
      Abstaining _____0______            Absent _____3________
 
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 # 3932.
 
 
______________________       ________________________________
Date                              Michael D. Sanders, County Executive