SCS/SB 92 - Beginning January 1, 2022, this act provides that any real and personal property owned by a public utility company that was constructed using chapter 100 financing shall, upon the transfer of such property to the public utility company, be assessed upon the local tax rolls. Any property consisting of land and buildings shall be assessed pursuant to current law relating to the assessment of such property in general, and all other business or personal property shall be assessed pursuant to the depreciation schedule provided under current law.

This act is identical to provisions contained in HCS/SS/SB 44 (2021), CCS/SS/SCS/HCS/HB 734 (2021), and HCS/HB 835 (2021), and is substantially similar to HCS/HB 524 (2021) and HB 2680 (2020).

JOSH NORBERG

Statutes affected:
Introduced (0901S.02): 153.030
Committee (0901S.05): 153.030, 153.034


Senate Committee Minutes:
SENATE COMMITTEE MINUTES Bill No.: SB 92
Sponsor: Riddle
Hearing Date: 3/10/2021


COMMITTEE: Commerce, Consumer Protection, Energy and the Environment

CHAIRMAN: Cierpiot

DATE REFERRED: 1/21/2021 DATE HEARING REQUESTED: 1/25/2021



STAFF:
Jamie Andrews
Denise Cantrell
Heidi Kolkmeyer
Michelle Pleus


WITNESSES GIVING INFORMATION:
Zach Monroe - Ameren Missouri


WITNESSES FOR:
Chales 'Andy' Arnold - Missouri State Assessors Assoc
Arnie C. AC "Honest-Abe" DIENOFF - State Public Advocate-
John Fortney - Van Far R1 School District
Melissa Maupin - Audrain County, Missouri
Steve Hobbs - Audrain County


WITNESSES AGAINST: