Section 32.382

Title IV EXECUTIVE BRANCH

Chapter 32

Effective - 01 Jul 2002, 2 histories, see footnote   (history) 

  32.382.  Attorney general to review tax abatement agreements, procedure — termination date. — 1. Notwithstanding any other provision of law, before the director of revenue enters into any agreement to abate all or part of a taxpayer's liability to the state, including interest and additions to tax, the director shall forward a copy of the agreement to the attorney general before entering into such agreement.

  2. Upon receiving the proposed agreement, the attorney general shall, within ten days, review and approve such agreement for its legal form and content as may be necessary to protect the legal interest of the state. If the attorney general does not approve, then the attorney general shall return the agreement with additional proposed provisions as may be necessary to the proper enforcement of the agreement as required to protect the state's legal interest. If the attorney general does not respond within ten days, or in the case of any agreement that involves an abatement of the taxpayer's tax liability, including interest and additions to tax, to the state of one million dollars or more, within thirty days, the agreement shall be deemed approved.

  3. Communications related to the attorney general's review are attorney-client communications. The attorney general's written disposition shall be subject to chapter 610, RSMo.

  4. The provisions of this section shall terminate January 1, 2005.

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(L. 2002 H.B. 1150, et al. § 620.012)

Effective 7-1-02

Expires 1-1-05