MO SCR35

The General Assembly disapproves the proposed amendment to 12 CSR 30-4.010 filed by the State Tax Commission on December 21, 2009, which increased agricultural and horticultural land values based on productive capability.

The State Tax Commission must continue using the values from the most recent preceding regulation promulgated under section 137.021 of the Revised Statutes of Missouri instead of the new proposed values.

Section 137.021 of the Revised Statutes of Missouri permits the General Assembly to disapprove the promulgated agricultural values within the first sixty days of the regular session.

The General Assembly determined the proposed amendments increased agricultural land values beyond what it considered fair and reasonable.

The Secretary of the Missouri Senate is instructed to send properly inscribed copies of this resolution to Governor Jay Nixon and the Missouri State Tax Commission.