High: 82°F ~ Low: 63°F
Thursday, July 24, 2014
Tax Loophole Vetoed by GovernorPosted Sunday, July 29, 2012, at 8:09 AM
Among the measures that were vetoed by the governor this year is one that would have impacted the price paid for an automobile.
House Bill 1329 would have changed some of the laws relating to motor vehicles. The measure would have removed an advantage that neighboring states currently have on vehicle taxes. If you buy a vehicle in any of those states, you do not have to pay local sales tax.
In January, the Missouri Supreme Court ruled if a car, boat or trailer was bought outside of the Show-Me State, cities and counties could not collect the sales tax from that purchase. This created a hole in tax revenues. House Bill 1329 would have fixed this loophole.
The governor says he vetoed the bill because it would have raised taxes unconstitutionally, since it would have not gone to a vote of the people. In his veto letter, the governor stated that he vetoed the legislation because it would have imposed a local tax on motor vehicles and other such items purchased out of state without a vote of the people. The bill passed through both the Missouri Senate and House. We may override this veto in September, when lawmakers go back to Jefferson City for the annual veto session.
As you can imagine, this veto greatly affects more folks who live closer to any of the eight states that border Missouri. Some counties in the Kansas City and St. Louis areas are looking at hundreds of thousands of dollars in lost revenue because of the court ruling and the veto of House Bill 1329. These are the same counties that already put use and sales taxes on the ballot. The taxes were approved, and then dropped because of the court decision, so the question of constitutionality is not quite enough to explain the veto.
I am hearing that House Bill 1329 will probably be taken up in September. Again, this is not a tax increase, since the rates were set long before the Missouri Supreme Court rendered its decision. I fully intend to do what is right if and when this issue comes up during veto session and side with my constituents in rural Missouri.
Showing comments in chronological order
[Show most recent comments first]
Past Reports from the 21st District
- Blog RSS feed
- Comments RSS feed
Sen. Bill Stouffer, R-Napton, represented the 21st district in the Missouri Senate until January 2013, when he left after reaching established term limits. He is a life-long resident of Saline County, a farmer and small business owner. He and his wife, Sue Ellen, live on their family farm in Napton. He was the chairman of the Senate Transportation Committee and Joint Committee on Transportation Oversight. He served on a number of other committees, including Agriculture, Food Production and Outdoor Resources; Commerce, Consumer Protection, Energy & the Environment; Financial & Governmental Organizations & Elections; Joint Interim Committee on School Accreditation; Missouri Alternative Fuels Commission; Missouri Civil Air Patrol; Missouri Military Preparedness and Enhancement Commission; Missouri Senior RX Commission; Alzheimer's State Plan Task Force; Coordinating Council on Special Transportation; and Midwestern Interstate passage Rail Compact Commission.
Hot topicsSaying good-bye
(1 ~ 1:55 AM, Dec 20)
The 21st Senatorial District Is Changing
Make Your Voice Heard on Career and Technical Education
The Election Comes to an End
Are Missouri Dog Breeders Feeling the Effects of 'Prop B?'