Tuesday, December 21, 2010

Missouri Secretary of State Unveils Property Taxation Ballot Initiative

 From: Secretary of State Robin Carnahan's Office
Jefferson City, Missouri - Secretary of State Robin Carnahan today announced that an initiative petition relating to property taxation met state standards for circulation.
The ballot title for the petition reads:

Shall the Missouri Constitution be amended to limit the authority of the General Assembly and political subdivisions to generate revenue by removing their ability to tax tangible personal property and both real and personal property used exclusively for religious worship, schools, colleges, agricultural and horticultural societies, veterans' organizations, or purely charitable purposes?
Prohibiting the levy of tangible personal property taxes by local governments would eliminate or reduce funding for local governmental services, including public schools. State governmental services to the blind could lose funding. The estimated revenue reduction to state and local governmental entities could exceed $1.1 billion annually.
The petition, which would amend Article X of the Missouri Constitution, was submitted by Mr. Richard A. LaViolette, Team 2012, LLC; 2007 Mark Anthony Drive, Fenton, Mo. 63026; 314-596-6883.
Before any constitutional changes can be brought before Missouri voters in the November 2012 election, signatures must be obtained from registered voters equal to eight (8) percent of the total votes cast in the 2008 governor's election from six of the state's nine congressional districts.
Signatures on behalf of all initiative petitions for the 2012 ballot are due to the Secretary of State's office by no later than 5 p.m. on May 6, 2012.
Before circulating petitions, state law requires that groups must first have the form of their petition approved by the Secretary of State and Attorney General. The Secretary of State then prepares a summary statement of no more than 100 words and the State Auditor prepares a fiscal impact statement, both of which are subject to the approval of the Attorney General. When both statements are approved, they become the official ballot title.

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