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MO SB829

Bill

Official Source

Status

Vetoed

6/11/2014

Primary Sponsor

Will Kraus

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Repeals and replaces section 136.300, RSMo, governing burden of proof in tax liability disputes
  • Requires all state tax laws to be strictly construed against the taxing authority in favor of the taxpayer
  • Director of revenue bears burden of proof on factual issues only if the taxpayer produces evidence of reasonable dispute and maintains adequate transaction records with departmental access
  • Removes the net worth limit (seven million dollars) and employee threshold (five hundred employees) that previously restricted burden of proof protections for partnerships, corporations, and trusts
  • Excludes issues regarding applicability of tax exemptions or credits from burden of proof provisions

Legislative Description

Modifies provisions relating to burden of proof in tax liability cases

Last Action

Legislature voted to override Governor's veto

9/10/2014

Committee Referrals

Fiscal Review5/15/2014
Ways And Means4/28/2014
Governmental Accountability & Fiscal Oversight4/2/2014
Ways And Means And Fiscal Oversight2/20/2014

Full Bill Text

No bill text available