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Missouri Senate rejects new farmland tax plan

Thursday, January 28, 2010 | 4:11 p.m. CST; updated 5:33 p.m. CST, Thursday, January 28, 2010

JEFFERSON CITY — Proposed changes to property taxes on Missouri farmland are becoming increasingly unlikely.

The State Tax Commission last month endorsed a tax plan that would lead to higher property taxes for farmers with the best land and a tax cut for those with less fertile ground.

Senators overwhelmingly voted Thursday to reject the commission's plan. That vote came after a lopsided vote on a similar measure Wednesday in the House. To block the tax changes, the House and Senate must each approve an identical resolution. Otherwise, the Tax Commission's recommendations would take effect Jan. 1, 2011.

Critics of the tax changes say it is wrong to increase taxes on some farmers during a recession, and the measure could threaten Missouri's economy.


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