Revisor Home
State of Missouri

Constitution

Effective 27 Feb 1945, see footnote bottom

  X Section 4(c).  Assessment, levy, collection and distribution of tax on intangibles. — All taxes on property in class 3 and its subclasses, and the tax under any other form of taxation substituted by the general assembly for the tax on bank shares, shall be assessed, levied and collected by the state and returned as provided by law, less two percent for collection, to the counties and other political subdivisions of their origin, in proportion to the respective local rates of levy.

­­--------

Source: Const. of 1945.

(1990) Constitutional provision permitting substitution of another form of taxation for the tax on bank shares constitutes an exemption from personal property taxation in addition to exemptions enumerated in Art. X, § 6. Mercantile Bank Nat'l Ass'n. v. Berra, 796 S.W.2d 22 (Mo. banc).


< end of effective 27 Feb 1945 >

use this link to bookmark section X 4(c)


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Links
Oversight Library MO WebMasters
Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House
 © Missouri Legislature, all rights reserved.   Site errors / suggestions - webmaster@LR.mo.gov 

Marie Elizabeth Oliver
Our flag's story

google bing

 

Over 41M page views.

 17